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Berjaya Food 2Q net profit rises to RM4.5m
by hlk Thu 05 Dec 2013, 19:46
Business & Markets 2013
Written by Ho Wah Foon of theedgemalaysia.com
Thursday, 05 December 2013 18:33
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KUALA LUMPUR (Dec 5): Berjaya Food Bhd’s net profit for the second quarter
ended October 2013 rose to RM4.5 million, from RM3.9 million a year ago.
Revenue also rose to RM33.7 million from RM23.6 million.
The company told Bursa Malaysia in a filing: “The higher revenue was mainly
due to the effect of consolidating the revenue of Jollibean Foods Pte Ltd for the
quarter.
“The higher pre-tax profit achieved for the quarter was mainly due to share of
higher results from Berjaya Starbucks Coffee Company Sdn Bhd and
consolidating the results of Jollibean in this current quarter.”
On outlook, the company said the opening of additional restaurants in the
following quarters of the financial year in Malaysia and Indonesia and the share
of results from Starbucks will enhance the group's performance.
Written by Ho Wah Foon of theedgemalaysia.com
Thursday, 05 December 2013 18:33
A + A - Reset
KUALA LUMPUR (Dec 5): Berjaya Food Bhd’s net profit for the second quarter
ended October 2013 rose to RM4.5 million, from RM3.9 million a year ago.
Revenue also rose to RM33.7 million from RM23.6 million.
The company told Bursa Malaysia in a filing: “The higher revenue was mainly
due to the effect of consolidating the revenue of Jollibean Foods Pte Ltd for the
quarter.
“The higher pre-tax profit achieved for the quarter was mainly due to share of
higher results from Berjaya Starbucks Coffee Company Sdn Bhd and
consolidating the results of Jollibean in this current quarter.”
On outlook, the company said the opening of additional restaurants in the
following quarters of the financial year in Malaysia and Indonesia and the share
of results from Starbucks will enhance the group's performance.
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