Eco World International Berhad Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Eco World International Berhad (KLSE:EWINT) Full Year 2024 Results

Key Financial Results

• Net loss: RM34.3m (loss narrowed by 60% from FY 2023).
• RM0.014 loss per share (improved from RM0.036 loss in FY 2023).

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

Eco World International Berhad EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates by 16%.

Looking ahead, revenue is expected to decline by 117% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Malaysia are expected to grow by 8.4%.

Performance of the Malaysian Real Estate industry.

The company's shares are up 4.7% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Eco World International Berhad (2 are significant!) that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.