KUALA LUMPUR: Eco World Development Group Bhd
’s shares rose after it reported quarterly earnings that met expectations.
The developer advanced 3.03%, or two sen to 68 sen with 1.53 million shares done.
Eco World’s net profit surged 172% to RM42.32mil in the second quarter ended April 30, 2021 from RM15.55mil in the same quarter last year.
Revenue for the quarter rose 22% to RM420.46mil from RM345.4mil a year earlier.
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