EcoWorld Malaysia records full year sales of RM2.3b, exceeds target


EcoWorld Malaysia said the strong cashflows generated from sales, steady loan repayments and the group’s strict financial discipline resulted in continued improvement of EcoWorld Malaysia’s gearing position.

KUALA LUMPUR: Eco World Development Group Bhd (EcoWorld Malaysia) recorded sales of RM2.3bil in the financial year ended Oct 31,2020, exceeding its RM2bil sales by 15%.

According to its statement issued on Thursday, the stronger sales target was underpinned by the fourth quarter sales which exceeded RM1bil -- it was also higher than the RM960mil sales in the third quarter.

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