KUALA LUMPUR: Berjaya Food Bhd (BFood) sank deeper into the red for the financial year ended June 30, 2025 (FY25), reporting a net loss of RM291.9 million compared to RM90.9 million a year ago.
Its revenue for full year fell 36.5 per cent to RM476.8 million from RM750.7 million in FY24.
“The lower revenue was primarily attributed to the prolonged impact of the ongoing sentiment related to the Middle East conflict, which affected market dynamics and influenced customers’ spending patterns.
“Thus, given the aforesaid, the management is required to make the necessary impairment provision to plant and equipment (PPE) and right-of-use (ROU) assets arising from the downsizing of Starbucks Malaysia’s operations.”
Loss per share for the period came in at 10.49 sen compared to 2.16 sen, the group’s filing to Bursa Malaysia showed.
For the fourth quarter ended June 30, 2025 (4Q25), BFood posted a net loss of RM185.8 million against RM38.2 million a year ago.
This was mainly due to impairments on property, plant and equipment and right-of-use assets of non-performing stores.
Its quarterly revenue slipped 11.2 per cent to RM115.9 million from RM130.5 million, mainly due to fewer stores in operation.
BFood said this year, the group focused on diversifying into local and overseas markets, while consolidating stores in the local market to strengthen core operations and build a solid foundation for sustainable growth.
“With these measures in place, we are well-positioned to drive strategic growth and capture opportunities in new markets.
“Encouraging signs of recovery, particularly in the local market, reflect the effectiveness of our approach and our commitment to operational excellence,” it added.
Looking ahead to the next financial year, BFood said it is committed to creating long-term value through innovation, digital transformation, and stronger customer engagement.
The group said its strategy focuses on expanding its digital and social presence, complemented by vibrant physical store experiences that deepen consumer connections.
“We will continue to strengthen our core business, build resilience, and deliver sustainable growth, enhance brand equity, and improve financial performance while driving international expansion to unlock greater shareholder value,” it said.
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