KUALA LUMPUR: Berjaya Corp Bhd (BCorp) has reported improved results for the first quarter ended Sept 30 (1Q26), with its net loss narrowing to RM10.9mil from RM167.8mil a year earlier.
The group posted a pre-tax profit of RM37.55mil, reversing a pre-tax loss of RM101.58mil in the same quarter last year. Quarterly revenue rose to RM2.31bil from RM2.23bil previously, while loss per share narrowed to 0.19 sen compared with 2.87 sen a year ago.
The conglomerate said the improved performance was driven mainly by its retail (non-food), retail (food), property and hospitality segments.
BCorp said its retail (non-food) division recorded higher revenue, supported by stronger vehicle sales and deliveries at H.R. Owen, which offset lower contributions from Cosway following ongoing store rationalisation.