The Business Times

Property

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Property

SUBSCRIBERS

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
Share this article.

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.

Net asset per share rose to RM1.08 from RM0.44 following its listing on Bursa Malaysia in early April …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here