
BJFOOD
5196
BERJAYA FOOD BERHAD
0.315
---------------------------------
Starbucks Pavilion 1
Lot C 3.08.00 & C3.09.00,
Level 3 Pavilion Kuala Lumpur,
168 Jalan Bukit Bintang,
55100 Kuala Lumpur.
Sunday
7:30 AM to 11:00 PM
Monday
7:30 AM to 11:00 PM
Tuesday
7:30 AM to 11:00 PM
Wednesday
7:30 AM to 11:00 PM
Thursday
7:30 AM to 11:00 PM
Friday
7:30 AM to 12:00 AM
Saturday
7:30 AM to 12:00 AM
---------------------------------
Starbucks Reserve Berjaya Times Square
Open Until 10:00 PM
Lot No. G-09A, Ground Floor,
Berjaya Times Square,
No.1, Jalan Imbi,
55100 Kuala Lumpur,
Malaysia
STORE HOURS
Sunday
8:30 AM to 10:00 PM
Monday
7:30 AM to 10:00 PM
Tuesday
7:30 AM to 10:00 PM
Wednesday
7:30 AM to 10:00 PM
Thursday
7:30 AM to 10:00 PM
Friday
7:30 AM to 10:00 PM
Saturday
8:30 AM to 10:00 PM
---------------------------------
Starbucks KL Sentral
Unit 5, Arrival Hall,
KL Sentral,
50470 Kuala Lumpur
Sunday
8:00 AM to 5:00 PM
Monday
6:30 AM to 7:00 PM
Tuesday
6:30 AM to 7:00 PM
Wednesday
6:30 AM to 7:00 PM
Thursday
6:30 AM to 7:00 PM
Friday
6:30 AM to 7:00 PM
Saturday
8:00 AM to 5:00 PM
Siren Gifting Store
Berjaya Times Square Theme Park
Level 5, Berjaya Times Square
1, Jln Imbi
Imbi
55100 Kuala Lumpur




August 27, 2024

https://www.klsescreener.com/v2/stocks/fina...5196/2024-06-30



Starbucks Malaysia operator Berjaya Food Bhd (5196) (BFood) reported a net loss of RM91.5 million for the fiscal year ended June 30, 2024 (FY24) compared to a net profit of RM103.4 million in the previous year, on consumer boycotts and a one-time loss from the disposal of Jollibean Foods Pte Ltd.
KUALA LUMPUR: Starbucks Malaysia operator Berjaya Food Bhd (BFood) reported a net loss of RM91.5 million for the fiscal year ended June 30, 2024 (FY24) compared to a net profit of RM103.4 million in the previous year, on consumer boycotts and a one-time loss from the disposal of Jollibean Foods Pte Ltd.
The company's revenue also fell by 34.56 per cent, dropping from RM1.1 billion to RM730.3 million.
BFood said the decline is attributed to current sentiment related to the conflict in the Middle East and a one-time loss from the sale of BFood's entire stake in Jollibean Foods Pte Ltd.
"Excluding the exceptional investment related expenses, the pre-tax loss would have been RM76.84 million as compared to a pre-tax profit of RM148.73 million in the previous financial year," it said.
ADVERTISING
For the fourth quarter of the financial year 2024 (4QFY24), BFood reported a net loss of RM38.2 million, against a net profit of RM17.2 million in the same quarter the previous year (4QFY23).
The company's revenue for the quarter also declined, falling from RM271.7 million to RM130.5 million.
Additionally, BFood recorded a pre-tax loss of RM42.69 million for the current quarter, compared to a pre-tax profit of RM29.04 million in the corresponding quarter of the previous year.
"The significantly lower revenue and pre-tax loss incurred in the current quarter under review were primarily attributed to the current sentiment in relation to the conflict in the Middle East," it added.
In a statement, BFood expressed cautious optimism, anticipating a gradual improvement in operational performance in the next financial year despite the challenges faced.
"The directors recognise the challenging market conditions and external pressures affecting the group's business performance."
"While recovery may be slow due to ongoing current uncertainties, the directors believe that strategic adjustments and operational refinements will, in time, strengthen the group's position and lead to better financial results," it said.
| **Day** | **Promotion** | **Price with Starbucks Card or Mobile App** | **Price with Other Payment Methods** |
| Every Monday to Wednesday | Enjoy a Grande-sized beverage from 9 selected options | RM10 | RM12.50 |
**Beverage Selections**:
| **Beverage** |
| Double Chocolate |
| Malty Delight Chocolate Latte |
| Mocha Nutty Frappuccino® |
| Belgium Chocolate Latte |
| Chocolate Caramel Frappuccino® |
| Caramel Cocoa Crunch Frappuccino® |
| Velvet Matcha Mocha Frappuccino® |
| Pink Warrior Frappuccino® |
| Apple Mist Lemonade |
**Terms & Conditions**:
- Price is inclusive of 6% Service Tax.
- Upsize is chargeable at RM1.50.
- Any modifier/add-on will be charged accordingly.
- Not valid with other discounts or promotions.
- Not applicable for delivery service & mobile ordering.
- Applicable at all Starbucks stores in Malaysia except Genting Highlands, Berjaya Hills, and airport stores.

Berjaya Food's portfolio includes Kenny Rogers Roasters, Krispy Kreme Doughnuts and Paris Baguette.
The company operates
more than 400 Starbucks stores in Malaysia and Brunei,
70 Kenny Rogers Roasters outlets and 7 Sala stores in Malaysia,
5 Paris Baguette stores,
,
and 34 Jollibean locations in Singapore, TheEdge Malaysia reported.
In the first half of 2024, Berjaya Food International signed an agreement to operate Paris Baguette in Singapore, following the opening of its first store in the Philippines in April.
Starbucks Malaysia denies closing more than 100 outlets, says not on BDS list
Publish date: Tue, 29 Oct 2024
Starbucks Malaysia has dismissed as "false" a report that the US coffee company had to cease operations at more than 100 outlets nationwide due to the impact of a boycott of global American brands in response to Washington's support for Israel.
"The claim that more than 100 Starbucks outlets in Malaysia have been shut down is false. While we have ceased operations at only a few stores, most of the allegedly closed locations are only temporarily closed," a Starbucks Malaysia representative told Business Times.
MalaysiaNow today quoted a source as saying that Starbucks, which is linked to tycoon Vincent Tan's Berjaya Group, has had to close or temporarily shut down over 100 outlets across the country, including in major shopping centres and tourist spots.
While the company has not responded to queries from MalaysiaNow at press time, a check on Starbucks Malaysia's website revealed that at least 60 outlets are labelled as either closed or temporarily closed.
However, the Business Times report quotes Starbucks Malaysia as saying that the company is seeing a "positive improvement" in sales and that customers are "starting to realise that the allegations against the brand are not true".
It went on to say that Starbucks has never been a target of the Boycott, Divestment and Sanctions (BDS), the global movement that has successfully mobilised consumers around the world to boycott American and Western interests to protest their support of the Israeli war machine.
Starbucks and other major Western fast food companies such as McDonald's and consumer brands such as Nestle are among companies most affected by the campaign, despite creative attempts by their owners in Muslim countries to distance themselves from Washington's policies in the Middle East, where more than 50,000 civilians in Gaza and Lebanon have died as a result of Israel's massive bombardment since October last year.
Starbucks Malaysia, which has more than 400 outlets and 5,000 employees nationwide, is owned by Berjaya Food, part of Berjaya Corporation, the conglomerate linked to prominent billionaire Vincent Tan.
The company also owns the 7-Eleven retail chain, whose chairman is Farhash Wafa Salvador, the former political secretary to Prime Minister Anwar Ibrahim.
In March, Tan called on Malaysians to end the boycott, repeating the familiar excuse of local ownership and employment of locals, none of which have been able to stem the anti-Israel boycott movement.
The following month, DAP leader and federal minister Nga Kor Ming accused those behind the boycott as "instigators" out to ruin domestic economy.
"Never fall into the trap of instigators, our country needs the efforts of all parties to develop the economy," said Nga, who only last year officiated the opening of a new Starbucks outlet in his ministry in Putrajaya.
https://fb.watch/o_QCTksQh9/?mibextid=Nif5oz
Berjaya Food Bhd, a subsidiary of the Berjaya Group led by Malaysian entrepreneur Tan Sri Vincent Tan, has announced that its international subsidiary, Berjaya Food International (BFI), has secured the rights to operate Starbucks stores in Iceland, Denmark, and Finland.
This marks the first entry of a Malaysian-listed food and beverage company into the Nordic market.
BFI plans to focus on local hiring and sourcing while also sharing its culinary and operational expertise.
Datuk Sydney Quays, the CEO of Berjaya Food, expressed excitement about bringing their expertise and commitment to excellence to the vibrant Nordic coffee culture, aiming to showcase Malaysian hospitality and provide a unique experience to local consumers.
The company is also committed to fulfilling Starbucks’ mission and promises regarding community engagement and sustainable development initiatives to enrich local communities in the Nordic region.
Duncan Moir, President of Starbucks Europe, Middle East, and Africa, highlighted their long-standing partnership with Berjaya and expressed enthusiasm about connecting with more customers through handcrafted Starbucks beverages and effectively investing in employees and communities.
In Denmark, BFI will collaborate with Salling Group A/S, the country's largest retail group, to develop the Starbucks brand further, seeing significant potential for opening more locations and attracting new customers.
| **October 2024 Malaysia Starbucks Promotion** |
| Day(s) | Promotion Details | Terms & Conditions |
| **Monday - Wednesday** | - **Earn 100 BONUS STARS** with RM25 min. spend using Starbucks Card, App, MOP, or MOT.<br> - **Grande-sized beverage at RM10** (Starbucks Card/App) or **RM12.50** (other methods). Select beverages available. | - Min. spend of RM25 for BONUS STARS.<br> - Max 100 BONUS STARS per receipt.<br> - Not valid for reload or activation.<br> - Beverage upsize: RM1.50.<br> - Excludes delivery, Genting Highlands, Berjaya Hills, and airports. |
| **Thursday** | - **Grande-sized beverage at RM10** if wearing green & following Starbucks Malaysia on social media. | - Must follow Starbucks Malaysia on social media.<br> - Upsize: RM1.50.<br> - Excludes delivery, Genting Highlands, Berjaya Hills, and airports. |
| **Friday** | - **2 Grande-sized beverages for RM25.** | - Upsize: RM3.00.<br> - Excludes delivery, Genting Highlands, Berjaya Hills, and airports. |
| **Saturday - Sunday** | - **Slice of cake for RM12.** | - Inclusive of 6% tax.<br> - Excludes delivery, Genting Highlands, Berjaya Hills, and airports. |
| **Everyday (All days)** | - **Free Grande Autumn beverage** with any Autumn/Hello Kitty/Starbucks Collection merchandise purchase.<br> - **RM3 OFF any handcrafted beverage** with your own Starbucks Tumbler (App payment only). | - Merchandise reward redeemable within 7 days.<br> - RM3 discount valid only with tumbler and App.<br> - Excludes delivery, Genting Highlands, Berjaya Hills, and airports.<br> - Not valid with other discounts/promotions. |
This post has been edited by plouffle0789: May 3 2025, 12:02 PM
Dec 17 2023, 11:52 PM, updated 3 months ago
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