Berjaya Corp Reports Wider Net Loss of RM176.23 Million in Q3 FY2026 Amid Challenging Retail and Services Segments

Kuala Lumpur, May 28, 2026 — Berjaya Corporation Bhd (BCorp) saw its net loss widen significantly in the third quarter ended March 31, 2026, as softer performance in its key business segments weighed on results.

The diversified conglomerate posted a net loss of RM176.23 million for Q3 FY2026, compared to a net loss of RM92.34 million in the corresponding quarter of the previous year. Revenue declined to RM2.19 billion from RM2.54 billion a year earlier.

According to the group’s filing with Bursa Malaysia, the poorer performance was primarily driven by weaker contributions from the services and non-food retail segments.

• In the services segment, revenue from the telecommunications network services (MTNS) business dropped as several major projects reached completion.
• The non-food retail segment faced headwinds from lower sales at H.R. Owen Plc, particularly in new and used car segments. Extended vehicle product life cycles limited model availability, while unfavourable foreign exchange translation effects added further pressure. Higher statutory employment costs in the UK due to new labour regulations implemented in April 2025 also impacted margins.

For the first nine months of FY2026, BCorp narrowed its cumulative net loss to RM231.34 million from RM348.87 million previously, although revenue eased slightly to RM6.70 billion.

Outlook Remains Cautiously Optimistic

Despite the quarterly setback, Berjaya Corp expressed confidence in a recovery for the remaining period of FY2026. The group expects improved performance in its domestic businesses, supported by strong consumer spending and a rebound in tourism activities.

“The directors are cautiously optimistic that the performance of the business operations of the group for the remaining quarter of the financial year ending June 30, 2026 (FY2026) [will] be satisfactory,” the company stated.