Berjaya Land ends FY18 in the red as forex rates, Sports Toto drag

KUALA LUMPUR (June 28): Berjaya Land Bhd, which is controlled by tycoon Tan Sri Vincent Tan, wrapped up its financial year ended April 30, 2018 (FY18) with another quarter of net loss, due mainly to unfavourable foreign exchange rates, and lower profit contribution from its number forecast operator business.