EWI returns to the black in first quarter


EWI recorded a first-quarter pre-tax profit of RM1.5mil.

PETALING JAYA: Eco World International Bhd (EWI) continues to make progress with the monetisation of inventories and sales of completed stocks, which are estimated to generate excess cash up to RM500mil for the group over 2024 and 2025.

For the first quarter ended Jan 31, 2024 (1Q24), EWI recorded a pre-tax profit of RM1.5mil compared to a pre-tax loss of RM30.4mil in 1Q23.

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