Berjaya Land narrows 4QFY2025 net loss to RM15.43 million on stronger hotel earnings

• Looking ahead, Berjaya Land expects improved performance in its domestic segments, supported by stronger consumer spending and recovering tourism.

PETALING JAYA (Aug 28): Berjaya Land Bhd reported a narrower net loss of RM15.43 million for the fourth quarter ended June 30, 2025 (4QFY2025), a significant improvement from RM79.91 million a year earlier, driven by higher profits from its hotels and resorts, contributions from associates, and foreign exchange gains.

According to its exchange filing yesterday, Berjaya Land said it received a RM38.33 million court-awarded compensation related to the Selangor Turf Club project, following a Federal Court reversal of a 2021 ruling that had cancelled the 2004 development.

Berjaya Land is appealing the dismissal of some claims, with the Court of Appeal case management set for Sept 17, 2025.

Quarterly revenue eased slightly by 2.4% year-on-year to RM1.91 billion, reflecting lower contributions from STM Lottery Sdn Bhd’s number forecast operations and the property development and investment segment.

The decline in the property segment was mainly due to the completion of The Tropika, Bukit Jalil project, while the UK-based HR Owen car dealership experienced softer new car sales due to changes in distribution structures and product life cycles.

These declines were partially mitigated by higher revenue from hotels and resorts, supported by improved occupancy rates, and stronger accumulated prizes from STM Lottery’s 4D Jackpot game.

Berjaya Land said it is actively mitigating challenges across its core businesses.

“The NFO segment continues to grow through popular Jackpot and Digit games while monitoring consumer trends. Auto retailing and aftersales services are being strengthened through strategic brand positioning and adjustments to UK supply chains.

“Property development focuses on careful project planning, site selection, and cost management, while hotels and resorts optimize occupancy, seasonal demand, and operational efficiency,” it said in a statement.

For FY2025, the group recorded a full-year net loss of RM102.78 million versus RM87.74 million in FY2024, with revenue down 1.4% to RM7.55 billion. No dividend was declared for the quarter or full year.

Looking ahead, Berjaya Land expects improved performance in its domestic segments, supported by stronger consumer spending and recovering tourism.

As Penang girds itself towards the last lap of its Penang2030 vision, check out how the residential segment is keeping pace in EdgeProp’s special report: PENANG Investing Towards 2030.