Bursa Alert
Global Market
NewsBerjaya Food 4Q net profit dn 14.2% to RM2.5m
Page 1 of 1
Berjaya Food 4Q net profit dn 14.2% to RM2.5m
by hlk Fri 10 Jun 2011, 02:58
KUALA LUMPUR: Berjaya Food Bhd’s net profit slipped 14.2% to RM2.505 million in the fourth quarter ended April 30, 2011 compared with RM2.92 million a year ago due to higher advertising and promotional expenses.
It said on Thursday, June 9 that revenue rose 9% to RM17.75 million from RM16.28 million. Earnings per share were 1.77 sen versus 2.07 sen a year ago. It proposed dividend of three sen a share.
“The higher revenue was mainly due to more restaurants operating in the current quarter compared to the preceding year corresponding quarter. The lower pre-tax profit was mainly due to higher advertising and promotional expenses, and write-offs relating to the closure of two restaurants arising from restaurant rationalisation and relocation,” it said.
For the financial year ended April 30, 2011, its net profit rose 22% to RM10.59 million from RM8.68 million while its revenue increased by 19% to RM71.94 million from RM60.41 million.
It attributed the higher revenue and earnings mainly due to additional restaurants that were opened during this financial period under review.
It said on Thursday, June 9 that revenue rose 9% to RM17.75 million from RM16.28 million. Earnings per share were 1.77 sen versus 2.07 sen a year ago. It proposed dividend of three sen a share.
“The higher revenue was mainly due to more restaurants operating in the current quarter compared to the preceding year corresponding quarter. The lower pre-tax profit was mainly due to higher advertising and promotional expenses, and write-offs relating to the closure of two restaurants arising from restaurant rationalisation and relocation,” it said.
For the financial year ended April 30, 2011, its net profit rose 22% to RM10.59 million from RM8.68 million while its revenue increased by 19% to RM71.94 million from RM60.41 million.
It attributed the higher revenue and earnings mainly due to additional restaurants that were opened during this financial period under review.
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Berjaya Food net profit up
» Berjaya Food 2Q net profit up 8% to RM1.62m
» Berjaya Food 2Q net profit rises to RM4.5m
» Berjaya Food 1Q profit soars 131% to RM5.2m
» Berjaya Food 3Q net profit up 7.25%, driven by Starbucks
» Berjaya Food 2Q net profit up 8% to RM1.62m
» Berjaya Food 2Q net profit rises to RM4.5m
» Berjaya Food 1Q profit soars 131% to RM5.2m
» Berjaya Food 3Q net profit up 7.25%, driven by Starbucks
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum