stoto

Review of Results for Current Quarter

Sports Toto Berhad (“SPToto”) reported RM1.63 billion revenue in the current quarter under review, registering a slight decrease of 1.3% over the revenue of RM1.65 billion in the previous year’s corresponding quarter. The Group also registered RM72.3 million pre-tax profit, which is a drop of 30.6% from the pre-tax profit of RM104.2 million in the corresponding quarter of the previous year.

The marginal drop in revenue for the current quarter ended 30 June 2025 was mainly due to the softer sales from H.R. Owen Plc (“H.R. Owen”), while the drop in pre-tax profit was reflected from the performance of both STM Lottery Sdn Bhd (“STM Lottery”) and H.R. Owen, and also higher investment related expenses incurred during the current quarter but partially mitigated by higher share of profits from associated companies.

For the current quarter ended 30 June 2025, STM Lottery achieved a stronger revenue growth of 3.7% as compared to the previous year corresponding quarter. Primarily driven by higher accumulated prizes from 4D Jackpot game, whilst the number of draws remained the same in both quarters. The pre-tax profit decreased by 14.8%, mainly attributed to higher operating expenses including corporate social responsibility sponsorships incurred during the current quarter under review.

As for H.R. Owen, a revenue drop of 4.1% was registered in the current quarter as compared to the previous year corresponding quarter, which was mainly due to lower sales volume in the new car sector that was impacted by the change in distribution structure of certain manufacturers and the product life cycle of certain car models. Its lower pre-tax profit of RM11.7 million from RM17.6 million in the last year same quarter was aligned with the reported lower revenue coupled with higher operating expenses incurred in relation to brand positioning efforts.