EcoWorld Malaysia posts 40% jump in sales to RM1.28bil in 4MFY22

KUALA LUMPUR: Eco World Development Group Bhd's (EcoWorld Malaysia) sales in the first four months of its financial year jumped 40% year-on-year (y-o-y) to RM1.28bil, with strong sales growth recorded across its geographic regions.

The robust sales underpinned an improved earnings performance for the group, which posted a net profit of RM63.36mil in 1QFY22, up 1.5% y-o-y, on the back of revenue of RM533.42mil, which was 5.1% improved from 1QFY21.