E&O cautiously optimistic about hitting sales target

KUALA LUMPUR: Eastern and Oriental Bhd (E&O) maintains cautious optimism in hitting its sales target of RM500mil for the financial year ending March 31, 2024 (FY24) and close to RM1bil in FY25.

This will be backed by sustained sales from its current offerings, unbilled sales of RM1.13bil that will be progressively recognised from FY24 to FY26, as well as new launches in the Andaman Island phase one development.

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EAndO , property , sales , development , AndamanIsland , Penang , netprofit , revenue

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