Berjaya Land Bhd (B-Land) has announced a five percent increase in its pre-tax profit for the financial year ended 30 April from RM468.4 million in the previous year to RM489.8 million.
The company added that its revenue also increased by 4.0 percent from RM4.06 million to RM4.2 billion.
"The growth in revenue was contributed by the strong sales from the jackpot games and the higher occupancy and room rates reported by the hotels and resorts division," said B-Land.
For Q4 ended 30 April, the company achieved a pre-tax profit of RM177.9 million, up from RM105.1 million over same period last year.
Meanwhile, the company's revenue climbed 2.0 percent from RM1.06 billion to RM1.09 billion.
Thus, B-Land expects a continued consolidation of earnings from jackpot games coming from its subsidiary Berjaya Sports Toto Bhd.
The company also expects its resorts and hotel business to maintain its occupancy rates as well as average daily rates.
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