Eco World International Berhad’s Q1 2024 Turnaround

GuocoLand Limited (SG:F17) has released an update.

Eco World International Berhad’s financial results for Q1 2024 show a significant turnaround with a profit before tax of 1,527 thousand Malaysian Ringgit, compared to a loss of 30,357 thousand in the same quarter of the previous year. Revenue has also increased from 22,368 thousand to 31,673 thousand Malaysian Ringgit year-over-year. However, the company did not propose or declare any dividends, and the net assets per share have slightly decreased from 0.6900 to 0.6500.

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