Uptrend in financial performance for E&O


EASTERN & Oriental Berhad (E&O) is anticipating an uptrend in its financial performance for the following quarters thanks to the pre-emptive balance sheet management strategy the Group undertook in 2009.

E&O had also utilised the crisis downtime to refurbish and expand the Lone Pine Hotel, and open the Straits Quay retail marina. These new projects are expected to positively impact the Group upon achieving their targeted operational levels.

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