Ecoworld Development Group (KLSE:ECOWLD) Q2 2024 financial results
Key Financial Results
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Revenue: RM555.8 million (up 32% from 2Q23).
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Net profit: RM70.0m (up 12% from 2Q23).
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Margin: 13% (down from 15% in Q2 2023).
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EPS: RM0.024 (up from RM0.021 in 2Q23).
All figures shown in the chart above are for the trailing twelve month (TTM) period.
Ecoworld Development Group Berhad Revenue Outlook
Going forward, revenue is expected to grow at an average of 6.0% over the next three years, compared with a projected growth rate of 7.6% for the Malaysian property industry.
Performance Malaysia’s real estate industry.
The company’s shares are little changed from a week ago.
Risk Analysis
You always need to think about risks. As an example, we discovered the following case: 2 warning signs for EcoWorld Development Group You should know.
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