KUALA LUMPUR (March 29) : Berjaya Corp Bhd’s (BCorp) net profit fell 53% to RM15.28 million in the third quarter ended Jan 31, 2012 from RM32.47 million a year earlier. Bottom line was hurt by operating expenses for its retail business and lower property sales besides the absence of income from discontinued operations.
In a statement to the bourse on Thursday, BCorp said its revenue, however, grew 2% to RM1.81 billion from RM1.78 billion a year earlier.
Cumulative nine-month net profit climbed 26% to RM308.82 million from RM244.47 million a year earlier while revenue was up 1% to RM5.29 billion from RM5.24 billion.
BCorp said it expects to maintain its results for the remaining quarter of the current financial year against the backdrop of global economic uncertainties.
In a statement to the bourse on Thursday, BCorp said its revenue, however, grew 2% to RM1.81 billion from RM1.78 billion a year earlier.
Cumulative nine-month net profit climbed 26% to RM308.82 million from RM244.47 million a year earlier while revenue was up 1% to RM5.29 billion from RM5.24 billion.
BCorp said it expects to maintain its results for the remaining quarter of the current financial year against the backdrop of global economic uncertainties.
