Slower sales for EcoWorld Malaysia expected moving forward

KUALA LUMPUR: Despite a promising start to its financial year, Eco World Development Group Bhd (EcoWorld Malaysia) could be facing slowing sales for the remainder of the year as analysts anticipate a weaker sales performance ahead.

In a recent statement, the property group said sales in 4MFY22 jumped 40% y-o-y to RM1.275bil, which represented 36% of management's full-year sales target.