Berjaya Food Berhad endured another tough year with a lower revenue of RM130.57 million as compared to a revenue of RM271.75 million in the previous year's corresponding quarter. The Group incurred a pre-tax loss of RM42.69 million in the current quarter under review as compared to pre-tax profit of RM29.04 million in the previous year's corresponding quarter.

The group said the significantly lower revenue and pre-tax loss incurred in the current quarter under review were primarily attributed to the current sentiment in relation to the conflict in the Middle East.

For the full year, the group reported a revenue of RM730.30 million and pre-tax loss of RM87.34 million. The figures it said represented a decrease compared to the revenue and pre-tax profit of RM1.12 billion and RM148.73 million recorded in the same period of the previous year.

BFood added that the decline in revenue and pre-tax loss was primarily attributed to the abovementioned reason and one-off loss arising from the disposal of the Group's entire equity interest in Jollibean Foods Pte Ltd.

Excluding the exceptional investment related expenses, the pre-tax loss would have been RM76.84 million as compared to a pre-tax profit of RM148.73 million in the previous financial year.

The Board said it does not recommend any dividend for the current quarter under review.