Last updated on August 23, 2025
KUALA LUMPUR: Sports Toto Berhad (SPToto) posted revenue of RM1.63 billion and pre-tax profit of RM72.3 million for its fourth quarter ended June 30, 2025, reflecting a slight 1.3% dip in revenue and a sharper 30.6% drop in profit compared to the same period last year.
The weaker quarterly results were attributed to lower sales from its UK luxury car retail arm, H.R. Owen Plc, and reduced contributions from STM Lottery Sdn Bhd, alongside higher investment-related expenses. These factors were partly cushioned by stronger earnings from associated companies.
Quarterly Performance
STM Lottery saw a 3.7% revenue increase during the quarter, supported by higher accumulated prizes in the 4D Jackpot game. However, pre-tax profit declined 14.8% due to higher operating costs, including corporate social responsibility (CSR) sponsorships.
H.R. Owen registered a 4.1% revenue drop amid softer sales in the new car segment, impacted by distribution changes among certain manufacturers and model lifecycle transitions. Its pre-tax profit slid to RM11.7 million from RM17.6 million a year ago, pressured by weaker sales and higher expenses tied to brand positioning.
Full-Year Results
For the full financial year, SPToto reported revenue of RM6.5 billion, up 1.7% from RM6.4 billion previously, while pre-tax profit rose 8.2% to RM370.8 million.
STM Lottery remained the Group’s key driver, recording revenue growth of 5.4% and pre-tax profit expansion of 13.3% despite conducting fewer draws (164 versus 167 previously). The gains were supported by stronger sales of the Supreme Toto 6/58 game and lower prize payouts.
H.R. Owen delivered a 3.1% revenue increase, boosted by used car sales and contributions from its new Lotus marque. However, unfavourable foreign exchange movements reduced reported revenue by 1.0% when converted into ringgit. Pre-tax profit dropped 24% year-on-year as brand-building expenses offset gains from lower financing costs following UK interest rate cuts.
Dividend Declaration
The Board declared a fourth interim dividend of 2.0 sen per share, amounting to RM26.7 million, payable on October 17, 2025. This brings the total dividend payout for FY2025 to 8.0 sen per share, or RM106.9 million.
Outlook
Looking ahead, the Group said it remains cautiously optimistic despite global economic headwinds, including geopolitical tensions, trade disputes, and inflationary pressures. SPToto expects its Number Forecast Operator (NFO) business to sustain growth, underpinned by the continued popularity of its Jackpot and Digit games.
“The Group remains confident in maintaining its leading market share in Malaysia’s legalised NFO sector and anticipates a stable performance for the financial year ending June 30, 2026,” the company said.
