Eco World Development Group Berhad Third Quarter 2024 Earnings: EPS: RM0.027 (vs RM0.023 in 3Q 2023)

Eco World Development Group Berhad (KLSE:ECOWLD) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM526.2m (up 10% from 3Q 2023).
• Net income: RM80.4m (up 21% from 3Q 2023).
• Profit margin: 15% (up from 14% in 3Q 2023).
• EPS: RM0.027 (up from RM0.023 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Eco World Development Group Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Real Estate industry in Malaysia.

Performance of the Malaysian Real Estate industry.

The company's shares are up 11% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Eco World Development Group Berhad.

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