KUALA LUMPUR: CIMB Equities Research said Eco World Development Bhd’s results for the nine months ended June 30, 2014 (9MFY14) were broadly in line as net profit made up 46% of its full-year forecast.
“We expect the acquisition and rights issue exercises to be completed by end-2014 and therefore, FY15 earnings would be more representative of the enlarged group,” it said on Friday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
