KUALA LUMPUR: Eco World Development Group Bhd (Eco World Malaysia) reported robust sales growth in the third quarter ended July 31, boosted by its success in converting digital leads into purchases during the MCO lockdown period. Adding overseas sales during the first ten-month up until Aug 31, the total group-wide sales has breached the RM4bil mark. Eco World International Bhd reported RM338mil sales in 3Q 2021, and a further RM81mil in August 2021. This lifted its year-to-date sales to RM1.04bil, plus reserves of RM285mil that added to RM1.33bil as of end of August. Eco World Group's share of future revenue as at Aug 31 remained high at RM4.1bil – RM3.72bil contributed by its Malaysian projects whilst EcoWorld Malaysia’s attributable share of EcoWorld International’s future revenue stands at RM386mil.

Source: The Star September 17, 2021 10:52 UTC