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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

Published Thu, Jun 15, 2017 · 09:50 PM

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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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