EcoFirst 2Q profit jumps on land sale; CEO upbeat on property market recovery
KUALA LUMPUR (Jan 30): EcoFirst Consolidated Bhd saw its net profit for the second quarter ended Nov 30, 2017 (2QFY18) lifted by over five times to RM27.
KUALA LUMPUR (Jan 30): EcoFirst Consolidated Bhd saw its net profit for the second quarter ended Nov 30, 2017 (2QFY18) lifted by over five times to RM27.
KUALA LUMPUR (Oct 31): EcoFirst Consolidated Bhd’s first quarter ended Aug 31, 2017 (1QFY18) saw net profit risen 170.
KUALA LUMPUR (Sept 20): EcoFirst Consolidated Bhd fell 5.
KUALA LUMPUR (Feb 22): Mercury Industries Bhd’s 70%-owned construction unit Paramount Bounty Sdn Bhd has won a mixed development project worth RM238 million in Gombak, Selangor.
PETALING JAYA (Jan 24): EcoFirst Consolidated Bhd saw 90% of Block B and C in its Liberty Arc project in Ampang Ukay taken up ahead of the official launch in March.
KUALA LUMPUR (Jan 23): Ecofirst Consolidated Bhd's net profit fell 55% to RM5.
EIGHT years ago, when turnaround specialist Datuk Tiong Kwing Hee was headhunted to undertake the restructuring of property developer EcoFirst Consolidated Bhd, he knew it would be an uphill battle.
KUALA LUMPUR (Dec 20): IGB Corp Bhd, the property firm that made its name developing Mid Valley City, is set to team up with EcoFirst Consolidated Bhd to undertake a RM400 million high-end condominium project in Kuala Lumpur next year, according to sources.
KUALA LUMPUR (Oct 26): EcoFirst Consolidated Bhd's net profit for the first quarter of financial year 2017 fell 43% to RM1.
KUALA LUMPUR (Oct 25): EcoFirst Consolidated Bhd will be kept busy with its Ampang Ukay project which has a gross development value of over RM5 billion, to be realised over the next 12 years.