Berjaya Food Berhad (“BFood”) registered a higher revenue and pre-tax profit of RM154.39 million and RM8.76 million respectively in the current quarter ended 31 July 2017 as compared to a revenue of RM141.37 million and pre-tax profit of RM7.45 million reported in the previous year’s corresponding quarter. The increase in revenue and pre-tax profit were mainly due to additional cafes operating in the current quarter.
Timber and sustainable forest management group Priceworth International Bhd has begun harvesting operations in Compartment 57 in Forest Management Unit 5 (FMU5), Sabah, through its subsidiary Sinora Sdn Bhd, following the completion of infrastructure and construction works.
“We expect timber harvested from Compartment 57 to immediately have a positive effect on our monthly production figures and ultimately on the throughput volume from our plywood manufacturing facility,” said Priceworth executive director Richard Koo. “This will lead to a positive contribution to our bottom line.”
Bursa Main Board-listed Damansara Realty Bhd said yesterday that it recorded a net profit after taxof RM2.5 million for the six months ended 30 June 2017 (1H17), sharply reversing a net loss of RM9.8 million a year ago (1H16).
The result marks DBhd’s strongest half-year performance in four years and reflects the success of its recent restructuring efforts.