Article: BCorp net profit plunges 90pc in Q2


New Straits Times
12-24-2008
BCorp net profit plunges 90pc in Q2
Edition: Main/Lifestyle
Section: Business Times
Type: Company

BERJAYA Corp Bhd (BCorp), a diversified group, said its second quarter net profit plunged 90 per cent due to the lack of one-off gains, foreign exchange losses and the lower value of its investments.

The group, which has interests in gaming, property, stockbroking and insurance, said the prevailing global economic conditions may affect its performance in the remaining quarters of the current year ending April 30, 2009.
However, it expects the gaming business under Berjaya Sports Toto Bhd (BToto) as well as the direct selling business under Cosway (M) Sdn Bhd to be ...

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