KUALA LUMPUR (Aug 27): Berjaya Food Bhd (KL:BJFOOD) ended its financial year with a narrower loss, underpinned by improved performance from its Starbucks operations, coupled with cost optimisation and store rationalisation.

Net loss for the full year ended June 30, 2026 (FY2026) stood at RM105.7 million, compared with RM287 million a year earlier, according to a bourse filing. Revenue edged up 5% to RM503.7 million from RM479.5 million.

For the fourth quarter ended June 30, 2026 (4QFY2026), net loss also narrowed to RM64.6 million from RM185.8 million from the same period a year ago, while revenue rose 12% to RM130 million from RM115.9 million.

Lower impairment losses on property, plant and equipment and right-of-use (ROU) assets related to underperforming stores also contributed to the narrower loss, in addition to the group’s cost optimisation and store rationalisation.

 Berjaya Food attributed its improved top-line growth to better performance from its Starbucks operations despite fewer operating stores, as well as higher contributions from the group’s overseas operations.

This partially offset lower revenue from its Kenny Rogers Roasters operations following the continued rationalisation and closure of underperforming stores.

Looking ahead, Berjaya Food said it will continue to strengthen its core operations while investing in overseas markets and pursuing sustainable growth opportunities.

Key priorities include enhancing in-store and digital customer experiences, deepening customer engagement and maintaining strong product quality and service standards.

It did not declare a dividend. 

Berjaya Food shares settled unchanged at 17 sen on Thursday, giving it a market capitalisation of RM366.1 million.