Eco World International Berhad’s Q1 2024 Turnaround
Company Announcements

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.

For further insights into SG:F17 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskGuocoLand Unit Bolsters Stake in Tower REIT
TipRanks Singapore Auto-Generated NewsdeskGuocoLand Subsidiary Prices S$180M Notes Offering
TipRanks Singapore Auto-Generated NewsdeskTower REIT Rights Issue Over-Subscribed by 6.08%
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!