Eco World International posts bigger 4Q loss, but manages to turn net cash positive
Eco World International Bhd (EWI) recorded a bigger net loss of RM95.73 million for the fourth quarter ended Oct 31, 2022 (4QFY2022) from RM56.26 million a year earlier, due to further impairment on the group’s investment in EcoWorld-Ballymore in London.