The Sarawak-based infrastructure company saw its net profit increase 121.58% to RM8.76 million from RM3.95 million.
Revenue slipped 38.47% to RM28.84 million from RM46.87 million last year.
This was the result of various focused plans and strategies, the SC said in its Capital Market Masterplan 3 (CMP3) (2021-2025) report today.
Eco World noted that the main projects which contributed to revenue and gross profit in 3QFY21 were Eco Majestic, Eco Forest and Eco Sanctuary in the Klang Valley; Eco Botanic, Eco Botanic 2, Eco Spring, Eco Summer, Eco Business Park II, Eco Tropics and Eco Business Park III in Iskandar Malaysia; as well as Eco Terraces in Penang
The construction engineering group said the work includes demolition, site clearance, earthwork and the construction of an access bridge to Kuala Berang
Yong Tai gets backing from new China partners to expedite 100-acre land development at Impression City, Melaka
This will help enhance Yong Tai’s vision to transform Melaka city into an international tourism hub
The partnership's first rooftop turnkey solar project is the installation of 6,373 solar panels to generate up to 3.19 megawatt-peak (MWp) at the Dataran Pahlawan Melaka Megamall in Melaka
On the issue of MM2H, the ACCCIM said it has raised some reservations on the need to fine-tune the new requirements to make MM2H more competitive relative to Malaysia's regional peers. "We also indicated that the new requirements must not (be) retrospective; only applicable for new applications," it added.
NFO outlets were ordered to close temporarily with the implementation of the third Movement Control Order (MCO 3.0) with effect from June 1. The last draw before the suspension was on May 31.
The group posted losses per share of 2.34 sen compared with earnings per share of 1.12 sen for the same quarter last year.