Eco World Development Bhd has the highest net gearing at 73.5% with a manageable interest coverage of 3.2 times, followed by Crest Builder Holdings Bhd’s 66.3%.
PETALING JAYA: As a result of the evolving situation of the Covid-19 outbreak which has put the brakes on the economy, local developers are deliberating whether or not to continue, or defer, future launches.
AmResearch said this in a report, adding that as consumer spending is now mainly focused on necessities and not on big-ticket items such as property, the near-term outlook on the property segment remains uncertain.
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