Sports Toto Results Today

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Taxes

The Board of Directors of Sports Toto has announced the fourth interim dividend of two sen per share. The dividend amount is RM27 million and will be paid on October 18. The board also voted in favor of a proposal for RM134m being set aside as a contingency reserve.

Hong Leong Investment Bank (HLIB) has increased its earnings forecast for Sports Toto for the financial year ending June 30, 2025. The bank said that NFO segment revenues are expected to increase to pre-pandemic levels going into FY25. Despite this, the firm believes that NFO EBIT will still be negatively affected by the normalisation of the payout ratio for prizes in the near future.