BFood posts RM33.16m Q3 loss as Starbucks boycott continues

Berjaya Food Berhad, which operates several food and beverage brands including Starbucks, has reported a pre-tax loss of RM33.16 million for the third financial quarter ending March 31, 2024.

This is compared to the RM25.39 million profit it made during the corresponding period last year.

Its revenue fell by nearly half…