Eco World International pares losses, aims for RM2.5 billion property sales
Losses narrow to RM24.8m in second quarter at end April from RM60.8m in same period last year
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Kuala Lumpur
RECENTLY listed Eco World International has pared its losses to RM24.8 million (S$8 million) for the second quarter ended April from RM60.8 million a year ago, albeit on lower revenues of RM37,000 (RM135,000 a year ago).
The property developer's losses for the cumulative six months fell to RM29.6 million from RM117 million a year ago on revenues of RM364,000 (RM212,000 a year ago). Loss per share shrank to 4.92 sen from 59.44 sen.
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