Property to lift E&O current-year results


  • Business
  • Thursday, 06 Apr 2006

KUALA LUMPUR: Eastern & Oriental Bhd (E&O) anticipates its soon-to-be-announced results for the financial year ended March 31 to be better than the previous year's performance, with property development expected to contribute about three-quarters to its earnings. 

It achieved net profit of RM38mil in financial year 2005, while its net profit for the nine months ended Dec 31 was RM40mil. 

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