Followers
0
Following
0
Blog Posts
0
Threads
10
Blogs
Threads
Portfolio
Follower
Following
2022-03-02 21:17 | Report Abuse
In the past, Berjaya Corp was dragged down by loss making operating companies (that eat into the overall profitability pool) and also impairments as result of value diminishing or writedowns
When I took this job one a year ago we identified what companies were dragging us down (and why). We fixed some quickly, some will bear fruit next year. There were non core investments that we put under divestment group that we have been working hard to execute
Some of this effort required shutting down some overseas operations. These closures have taken a huge chunk of potential losses and importantly reduced significantly the annual cash outlay to keep these companies going
The results can be categorised by three factors:
? Post pandemic recovery - macro
? Internal streamlining efforts - to reduce & eliminate losses
? Operational efficiency - improving existing companies
BCorp?s financial success is the collective success of all our businesses being profitable. Thank you to all my colleagues for all their hard work
2022-03-02 21:17 | Report Abuse
After 6 consecutive quarters of net losses, Berjaya Corp returned to profitability this quarter. We announced 6% revenue & 546% pre tax profit increase, boosted by better operating performance and divestment gains
To understand the numbers, must note that Berjaya Corp is an investment holding co. Our business is owning other businesses so our results are a sum of all our companies. Better they perform better our results.
2017-08-02 20:12 | Report Abuse
what happen price no going up?
2017-08-02 20:02 | Report Abuse
Glomac Bhd is proposing to undertake a bonus issue on the basis of one bonus share for every 10 Glomac shares held to reward existing shareholders and improve liquidity and marketability of its shares.go!go!go!
2016-09-29 06:40 | Report Abuse
Friendship
how to prove ?can explain ?
Stock: [BJCORP]: BERJAYA CORPORATION BHD
2022-03-02 21:18 | Report Abuse
source from instagram jalil.word