E&O’s earnings outlook brightens on RM2bil project pipeline

E&O's Andaman Island

PETALING JAYA: Eastern & Oriental Bhd (E&O) has about RM2bil worth of projects slated for rollout over the next 12 months which is expected to generate about RM850mil sales in its financial year 2026 (FY26), analysts say.

RHB Research has raised its FY26 and FY27 earnings outlook for the company by 8% and 7%, respectively.