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

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read