PETALING JAYA: Eco World International Bhd
(EWI) posted a net loss of RM3.75mil for the first quarter ended Jan 31, 2025 (1Q25), reversing from a net profit of RM182,000 in the same period last year, as the company recorded no revenue for the quarter.
In a filing with Bursa Malaysia, the property developer attributed the absence of revenue to the full sale of residential units in its Australian projects, West Village and Yarra One, in the financial year ended Oct 31, 2024 (FY24). It said only one commercial unit remains unsold.
