Eco World International posts profit before tax of RM1.5 mil in 1Q2024
Following the distribution of RM144 million dividend during the first quarter of FY2024, the group still has a net cash balance of RM211 million as at Jan 31, 2024.
Following the distribution of RM144 million dividend during the first quarter of FY2024, the group still has a net cash balance of RM211 million as at Jan 31, 2024.
EcoWorld International achieved RM1.
EcoWorld noted that the marked improvement in key balance sheet metrics over the last three years have enabled it to afford a more generous dividend payment.
This is the group's highest quarterly net loss since it was listed on the Main Market of Bursa Malaysia in 2017.
PETALING JAYA (June 24): EcoWorld International has recorded RM283 million sales in 2Q2021 followed by a further RM117 million in May, bringing the year-to-date value of sales contracts exchanged to RM753 million.
KUALA LUMPUR (March 26): Eco World International Bhd’s (EWI) net profit for the first quarter ended Jan 31 slumped by 95.
LONDON CITY ISLAND (July 17): Property developer Ecoworld-Ballymore Holding Co Ltd has completed and handed over the first tower of phase two of London City Island (LCI) development six months ahead of schedule yesterday.
KUALA LUMPUR (Dec 15): Eco World Development Group Bhd (EcoWorld) shares will be suspended from trading today pending a material announcement by Eco World International Bhd (EWI).
British physician and keen botanist Nathaniel Bagshaw Ward was studying a chrysalis in a sealed glass container when it dawned on him that things could actually grow within the casing.
PETALING JAYA (June 15): Eco World International Bhd (EWI), the overseas property arm of Eco World Development Group Bhd, has achieved RM1.