KUALA LUMPUR: EASTERN & ORIENTAL BHD posted net profit of RM18.75mil in the third quarter ended Dec 31,2019, boosted by an unrealised exchange gain of RM23.10mil.
The niche property developer announced on Tuesday the net profit was in contrast with a net loss of RM8.75mil a year ago. Its revenue, however, declined by 53.6% to RM119.15mil from RM256.95mil a year ago.
Earnings per share were 1.32 sen compared with loss per share of 0.67 sen.
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