Eastern & Oriental Q1 earnings at RM18.96m


KUALA LUMPUR: Eastern & Oriental Bhd's earnings fell 19.3% to RM18.96mil in the first quarter ended June 30, 2014 from RM27.22mil a year ago due to higher operating expenses and lower contribution from its joint venture.

The lifestyle property developer reported on Tuesday profit before tax (PBT) fell 3.9% to RM33.21mil from RM34.58mil a year ago.

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