PETALING JAYA: Berjaya Assets Bhd registered revenue of RM74.3 million and pre-tax profit of RM10.9 million for the second quarter ended Dec 31, 2025 (Q2 FY26), compared to revenue of RM66.0 million and pre-tax loss of RM17.1 million reported in the corresponding quarter last year.
Net profit for the quarter stood at RM8.54 million compared to a net loss of RM19.08 million posted in Q2 FY25.
In a Bursa Malaysia filing, the group said the higher earnings were mainly driven by stronger contributions from its property investment and development segment, where improved mall occupancy rates and higher sales from the Times Square 2 project lifted performance.
Revenue from the hotel and recreation segment increased on the back of better occupancy and higher theme park ticket sales.
In addition, positive earnings contribution came from higher vehicle assembly income reported from the assembly business segment.
Higher revenue also came from jetty operations, driven by increased ferry slots and higher demand for high-speed diesel.
These gains helped offset the softer performance in the gaming segment, which saw lower average revenue per draw during the quarter.
Berjaya Assets’ core segments comprise number forecast operation in Sarawak, property development and investment, and hotel and recreation business.
Further, the group’s exchange filing noted that finance costs were lower, reflecting a reduction in total borrowings.
In the second quarter last year, the group posted a pre-tax loss, largely due to a RM15.5 million loss on the disposal of an investment property.
For the six months of FY26, the group recorded revenue of RM145.7 million and pre-tax profit of RM22.3 million, compared with revenue of RM131.2 million and a pre-tax loss of RM12.4 million in the same period last year.
The stronger performance and return to profitability were largely driven by the same factors highlighted in the current quarter’s results.
Berjaya Assets, in the filing, said the global economic growth is expected to be impacted by the prevailing geopolitical tensions, inflationary pressures, interest costs and rising energy costs. Despite these challenges, the domestic economy is anticipated to grow at a moderate pace, supported by resilient domestic demand.
“Whilst the directors are cautiously optimistic on the recovery of the domestic economy, the operating results of the group for the remaining quarters of the financial year ending June 30, 2026 is expected to be satisfactory,“ the group said in the filing.
 The Sun Malaysia
