Berjaya Corporation Berhad

stoto

Btoto Incurs Rm43m Losses In 4q As Ops Halted During Lockdown, Plans Share Dividend

NEWS COVERAGE
BTOTO INCURS RM43M LOSSES IN 4Q AS OPS HALTED DURING LOCKDOWN, PLANS SHARE DIVIDEND
Date: 18 August 2020
Publication: The Edge Markets, Malaysia

KUALA LUMPUR (Aug 18): Berjaya Sports Toto Bhd (BToto) incurred a net loss of RM43.27 million for the fourth quarter ended June 30, 2020 (4QFY20), compared with a net profit of RM48.61 million recorded in the preceding quarter, no thanks to the pandemic-driven lockdowns implemented in various countries, which caused it to temporarily halt its business operations.

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Comparing Btoto Quarterly Results Meaningless, Says TA

NEWS COVERAGE
COMPARING BTOTO QUARTERLY RESULTS MEANINGLESS, SAYS TA

Date: 19 August 2020
Publication: Focus Malaysia, Malaysia

THE comparison of quarterly results for Berjaya Sports Toto Bhd is “meaningless,” according to TA Securities, owing to the suspension of 4D and lotto games over the movement control order (MCO).

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