08-05-2025
BFood sticks to expansion plan despite setbacks
BFood said although current growth is modest, significant efforts are underway to reposition the business for greater resilience.
PETALING JAYA: Berjaya Food Bhd (BFood) has reported its sixth consecutive loss-making quarter but remains committed to growth and diversification by expanding its brand portfolio and exploring both local and international markets, despite ongoing challenges faced at Starbucks.
BFood said although current growth is modest, significant efforts are underway to reposition the business for greater resilience.
For the third quarter ended March 31, 2025 (3Q25), BFood posted a wider net loss of RM37.2mil, compared to RM29.8mil in the same period last year. This marks its sixth straight quarterly loss.
Revenue fell to RM113.6mil, down from RM138.6mil a year ago, while loss per share rose to 2.10 sen from 1.68 sen. The lower revenue was mainly due to a reduced number of stores in operation.
