KUALA LUMPUR: Eco World Development Group Bhd's sales in the first four months of its financial year jumped 40% year-on-year (y-o-y) to RM1.28bil, with strong sales growth recorded across its geographic regions.
(EcoWorld Malaysia) has achieved RM2.02bil sales in the first half of its financial year 2021 (FY21), comprising the period from Nov 1,2020 to April 30,2021.
“We are very thankful that we have achieved RM2.02bil in sales in the first six months of FY21, ” president and CEO Datuk Chang Khim Wah said in a statement.
“Following a good start to FY21 with RM706mil sales recorded in the first quarter of the financial year, sales were even stronger in the second quarter with RM1.3bil achieved in this most recent quarter.
“The launch of our Eco Botanic 2 (pic below) project in Iskandar Malaysia along with the new Co-Home product at Eco Horizon and Eco Grandeur as well as the second phase of our well-received ErgoHomes & Garden Homes at Eco Forest contributed to the sales achieved, ” he added.
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“We believe that once borders reopen demand from foreign industrialists will further boost sales of this segment of our business, ” President and chief executive officer Datuk Chang Khim Wah told StarBiz.
KUALA LUMPUR: EcoWorld Development Bhd (EcoWorld Malaysia) aims to boost sales for its industrial segment this year, to be driven by the higher demand expected from foreign industrialists when cross-border business travel is allowed.
President and chief executive officer Datuk Chang Khim Wah said despite the slower first four months of financial year 2021 ending Oct 31 (FY21) due to year-end holidays and Chinese New Year festivities, the group’s industrial portfolio made a whopping RM107mil in sales as at Feb 28.