BCorp posts RM101mil net profit in 2Q22

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Against a net loss of RM49.71mil.

Bhd returned to the black, posting a net profit of RM101.01mil in the second quarter ended Dec 31, 2021 against a net loss of RM49.71mil.

The group registered a revenue of RM2.05bil in 4Q22 as compared to RM1.94bil in the corresponding quarter of the previous year. BCorp said the hospitality segment was similarly buoyed by the gradual easing of Covid-19 restrictions. It saw a small revival after several depressed quarters. “This quarter’s results are a combination of several factors. The easing of Covid-19 restrictions was critical and presented a semblance of normalcy for our businesses especially in the retail and hospitality segment.

 

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