KUALA LUMPUR: CIMB Equities Research said Eco World Development Bhd’s net profit in the first quarter ended Jan 31, 2015 was within expectations and made up 8% of its full year forecast.
The research house said on Friday new sales amounted to only RM440mil in 1Q but should meet the full-year target of RM3bil as sales pick up in future quarters due to new launches.
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