Lower profit for Berjaya Corp
Filed Under (Business News) by Webmaster on 30-03-2009
Tagged Under : Berjaya Corp
Berjaya Corp Bhd’s net profit fell 64.13% to RM64.43 million for the third-quarter ended January 31, 2009 compared to the same period a year ago.
The company said in its report that pre-tax profit tumbled 43% to RM117 million on revenue that more than doubled to RM1.73 billion for the quarter.
It added that the third-quarter pre-tax profit was lower because of the previous year’s corresponding quarter having significant non-recurring items totalling a gain of RM194.5 million.
It said part of the gain came from the disposal of KL Plaza, from which the company gained RM140.1 million.
