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April 18, 2015 1:29 PM ET

Hotels, Restaurants and Leisure

Company Overview of Sports Toto Malaysia Sdn. Bhd.

Company Overview

Sports Toto Malaysia Sdn Bhd. is a lotto operator in Malaysia. It offers various digital and lotto-type games. The company was incorporated in 1969 and is based in Kuala Lumpur, Malaysia. Sports Toto Malaysia Sdn Bhd. operates as a subsidiary of Berjaya Sports Toto Bhd.

Berjaya Times Square

Level 13-01

No. 1

Jalan Imbi

Kuala Lumpur,  55100

Malaysia

Founded in 1969

Phone:

60 3 2148 9888

Fax:

60 3 2141 9581

Key Executives for Sports Toto Malaysia Sdn. Bhd.

Executive Director
Compensation as of Fiscal Year 2014.

Sports Toto Malaysia Sdn. Bhd. Key Developments

Sports Toto Malaysia Sdn. Bhd. Announces Unaudited Earnings Results for the Third Quarter and First Nine Months Ended January 31, 2015

Sports Toto Malaysia Sdn. Bhd. announced unaudited earnings results for the third quarter and first nine months ended January 31, 2015. For the quarter, the company announced a decrease in revenue of 0.9% while pre-tax profit increased by 3.0% as compared to previous year corresponding quarter. The decrease in revenue was mainly due to previous year corresponding quarter benefited from seasonally higher sales during Chinese New Year festive period in January 2014. The increase in pre-tax profit was mainly attributable to lower prize payout in the current quarter under review. For the first nine months, the company announced as compared to previous year corresponding period, it recorded a drop in revenue and pre-tax profit of 4.3% and 5.3% respectively. The higher percentage drop in pre-tax profit was mainly due to higher operating expenses incurred in the current period.

Sports Toto Malaysia Sdn. Bhd. Announces Earnings Results for the Second Quarter and Six Months Ended October 31, 2014

Sports Toto Malaysia Sdn. Bhd. announced earnings results for the second quarter and six months ended October 31, 2014. For the quarter, the company recorded a decrease in revenue of 4.3% as compared to the previous year corresponding quarter. In spite of the drop in revenue, the company registered an increase in pre-tax profit of 6.7% mainly attributable to lower prize payout in the current quarter under review. For the six months, the company recorded a drop in revenue and pre-tax profit of 6.1% and 9.2% respectively, as compared to previous year corresponding period. The current period had lower number of draws compared to previous year corresponding period. The higher percentage drop in pre-tax profit was mainly due to higher operating expenses incurred in the current period.

Sports Toto Announces Earnings Results for the First Quarter Ended July 31, 2014

Sports Toto announced earnings results for the first quarter ended July 31, 2014. For the quarter, the company recorded a decrease in revenue and pre-tax profit of 7.9% and 23.4% respectively as compared to the previous year corresponding quarter. The lower revenue was mainly due to the current quarter having lesser number of draws. The drop in pre-tax profit was mainly due to higher prize payout coupled with higher operating expenses incurred in the current quarter under review.

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