Sports Toto Shares Have Dropped 40% in the Last Three Years

If you’re a long term shareholder of Sports Toto, you’ve had a rough ride. The company’s share price has fallen 40% over the last three years, well short of the market return. That’s partly because the company’s numbers haven’t lived up to expectations.

Sports Toto is a multi-sector Malaysian firm that is principally engaged in the operation of Toto betting and number forecasting services in the country. It is also involved in luxury motor retailing and the operation of a hotel, as well as the development, manufacture and distribution of computerized lottery and voting systems.

Incorporated in 1969, the company was initially a state-owned venture before it was privatised in 1985. Today it operates a number of outlets in the country. It’s the largest number forecasting operator in the country, according to its management. It has 680 outlets and offers eight games – Toto 4D, Toto 4D Jackpot, Toto Zodiac, Toto 5D, Toto 6D, Star Toto 6/50, Power Toto 6/55 and Supreme Toto 6/58.

While the company has seen its shares decline, its underlying business performance has improved. Revenue in the year ended June 2021, for instance, was up by 2.4% versus RM3.6 billion a year earlier. Moreover, its revenue per draw was up 1.8%.

BToto’s main subsidiary companies are FEAB Equities Sdn Bhd, FEAB Land Sdn Bhd, FEAB Properties Sdn Bhd, Magna Mahsuri Sdn Bhd and Sports Toto Lottery Sdn Bhd. In addition, it owns a few other subsidiaries which are mainly focused on the construction and property development sectors.

Besides its core business, the 스포츠토토 company has invested in several projects related to health and wellness. Its Topas volunteering unit, for example, has made an impact on the community by helping people in need. In fact, the company has a strong social commitment, as it focuses on improving the quality of life of underprivileged people through sports.

As such, it has made substantial contributions to sports in the community. Among its major initiatives is the sponsorship of the Toto Kids Run School, a programme that aims to battle childhood obesity by encouraging students to take up sport. In a similar manner, it has also helped to set up playgrounds at the Social Welfare Society Incorporated to help disabled children improve their physical condition. In the future, the company is expected to continue expanding its presence in the country and invest more in new products to meet customer demands. In doing so, it is expected to grow its revenue and profits going forward. However, it will have to overcome challenging economic conditions in order to achieve its goals.