Ewein profit surges to RM42mil in FY18
KUALA LUMPUR: Property developer Ewein Bhd ‘s net profit jumped to RM42.01mil in the financial year ended Dec 31, 2018, compared with RM3.85mil a year prior.
The Company recorded a turnover of RM204.24mil, an increase of 106.33% compared to the RM98.99mil posted in the previous year.
Profit before tax stood at RM67.89mil, which represents a remarkable growth of 420.80% compared to RM13.04mil posted in the previous year.
In the fourth quarter ended Dec 31, 2018, Ewein registered a profit before tax of RM13.45mil, up 271.89% when compared to RM7.82mil loss before tax posted in the corresponding period.
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