KUALA LUMPUR (Feb 6): Berjaya Food Bhd (KL:BJFOOD) continues to be at risk in the hostile food and beverage landscape despite narrowing losses, CIMB Securities said, due to continuous local and nationwide boycotts towards its franchises. While same-store sales grew in its latest financial quarter, CIMB Securities expects the group's loss-making trend to continue for the next few years. “In our view, BJFood’s current valuation at three times 2027 price-to-book value has yet to account for our expectations of continued losses through the financial years ending [June] 2026 and 2028,” said CIMB Securities. The group's net loss narrowed to RM11.9 million in the latest Oct-Dec quarter (2QFY2026) as opposed to RM14.6 million in 1QFY2026. Shares of BJFood closed at 21.5 sen on Thursday, representing a potential downside of 9.1% relative to the research house’s target price.

Source: The Edge Markets February 06, 2026 05:05 UTC