EcoWorld Malaysia EBIT up 31% to RM81.3mil


Major contributor: The public viewing a model of the Eco Grandeur project. EcoWorld Malaysia attributes its improved earnings before interest and tax to three of its Malaysian joint ventures – Eco Grandeur, Eco Ardence and Bukit Bintang City Centre.

PETALING JAYA: Eco World Development Group Bhd (EcoWorld Malaysia) recorded core earnings before interest and tax (EBIT) of RM81.3mil from its Malaysian operations in the second quarter ended April 30.

The property developer announced yesterday that its core EBIT was 30.9% higher compared with RM62.1mil a year ago.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Oil gains 1% on hopes of firmer demand
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
Muhibbah rides on Cambodian tourism uptick
Feytech gears up for expansion to meet growing demand
Ready to rise up the ranks again
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
MGB ACHIEVES 23% PROFIT SURGE IN 1Q24
GDP up 4.2% in 1Q24
Chinese firms invest in ‘green’ jet fuel

Others Also Read