stoto

For the current quarter ended 31 March 2026, STM Lottery recorded lower revenue by 20.5% compared to the previous year’s corresponding quarter which benefitted from stronger sales driven by higher accumulated jackpot from the Supreme Toto 6/58 game. There were lesser number of draws conducted in the current quarter, i.e. 42 draws in the previous corresponding quarter and 41 draws in the current quarter. The pre-tax profit dropped by 24.7% in line with lower revenue recorded in the current quarter.

H.R. Owen’s revenue eased 17.8% for the current quarter as compared to the corresponding quarter last year, primarily attributed to lower sales volume in both new and used car sectors. The softer car sales performance was mainly due to longer vehicle product life cycles and transition gaps between new models launches. Cautious consumer spending amidst the ongoing economic uncertainties have also contributed the softness in sales. When translated into Ringgit Malaysia, the Group’s reporting currency, revenue reduction was 21.6% due to the unfavourable foreign exchange effect. It reported a lower pre-tax profit of RM0.3 million for the current quarter, compared to RM17.9 million in the corresponding quarter last year. This was mainly attributed to the reduction in revenue during the current quarter under review, coupled with higher statutory employment costs arising from the newly implemented United Kingdom (“UK”) labour regulations effective April 2025.