EcoWorld Malaysia hits 87.4% of sales target

“The group continues to enjoy sustained demand for our products across all market segments," said Chang.

PETALING JAYA: Eco World Development Group Bhd (EcoWorld Malaysia) is on track to achieve its financial year 2023 (FY23) full-year sales target of RM3.5bil with RM3.06bil sales recorded in 10 months, representing 87.4% of the target.

For the third quarter ended July 31, 2023 (3Q23), the property developer’s revenue increased by 7.4% year-on-year (y-o-y) to RM477mil. Net profit rose by 43% y-o-y to RM66.3mil or earnings per share of 2.25 sen.