Maybank Research maintains Hold on Berjaya Sports Toto


The toto betting operations operated by Sports Toto Malaysia Sdn Bhd, the principal subsidiary of Berjaya Sports Toto Bhd, reported lower revenue, as revenue is currently presented net of GST on gaming supply compared to the previous year

KUALA LUMPUR: Maybank Investment Bank Research has maintained its Hold call on Berjaya Sports Toto (BToto) with a target price of RM3.15.

It said on Tuesday the Berjaya Gia Thinh Investment could garner RM521.9mil in net profit per annum during its steady state.

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