Are You Responsible For The Sports Toto Results Budget? 10 Unfortunate Ways To Spend Your Money

· 1 min read
Are You Responsible For The Sports Toto Results Budget? 10 Unfortunate Ways To Spend Your Money

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The Board of Directors of Sports Toto has announced a fourth interim dividend of two sen per share. The amount of the dividend is RM27million. It will be paid on the 18th of October. The board also approved a proposal for RM134m to be set aside as a contingency reserve.

Hong Leong Investment Bank (HLIB) has raised its earnings forecast for Sports Toto for the financial year that ends June 30, 2025. The bank said that NFO segment revenue is expected to return to pre-pandemic levels by FY25. The company still expects the gradual normalisation of the prize distribution will negatively impact NFO EBIT.