Berjaya Food Bhd’s net profit more than doubled to RM40.66 million in the fourth quarter ended June 30, 2022, from RM14.27 million a year ago in tandem with the higher revenue recorded coupled with the turnaround in Kenny Rogers Roasters’ performance.
For the full year, BFood’s net profit more than doubled to RM122.74 million from RM47.11 million last year, while revenue grew 39% to RM997.74 million from RM717.34 million mainly due to the higher same-store-sales growth, particularly from the existing Starbucks café outlets as well as the contribution from the new Starbucks café outlets opened during the financial year and the turnaround of KRR’s business performance.
Recession? Food shortage? Global supply chain problem? B40 no money? M40 no money? Suicidal?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
They are best pals, but Nidzam giving no quarter to NafuziPETALING JAYA: Selangor interim coach Nidzam Jamil is looking forward to taking on Terengganu and his best friend Nafuzi Zain in their Super League encounter at the Petaling Jaya Stadium tomorrow.
Source: staronline - 🏆 4. / 75 Read more »
Job mismatch the bane of gradsPETALING JAYA: Undertaking jobs beneath their qualifications has been the bane of up to 1.55 million graduates nationwide, according to data by the Statistics Department (DOSM).
Source: staronline - 🏆 4. / 75 Read more »
When engineering grad ends up in marketingPETALING JAYA: The concept of having an academic degree may seem to be an optimal path towards a successful career, but some graduates are finding this to be the opposite.
Source: staronline - 🏆 4. / 75 Read more »
‘Graduate mismatch could lead to economic drawbacks’PETALING JAYA: Graduate mismatching could possibly lead to a decline in investment attractiveness and spiral down to other economic drawbacks, say experts.
Source: staronline - 🏆 4. / 75 Read more »
Let Rexy scout for right man for the job, says JonesPETALING JAYA: The Badminton Association of Malaysia (BAM) high performance director Dr Tim Jones does not want to get in the way of doubles coaching director Rexy Mainaky (pic).
Source: staronline - 🏆 4. / 75 Read more »
Chou shows how to stay topPETALING JAYA: There is nothing flamboyant about Taiwan’s Chou Tien-chen but there is so much to learn from the philosophical shuttler.
Source: staronline - 🏆 4. / 75 Read more »