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EcoWorld closes FY2025 with record high sales of RM4.55 billion

PETALING JAYA: Eco World Development Group Bhdd (EcoWorld) achieved record RM4.55 billion sales for the financial year ending Oct 31, 2025 (FY2025) surpassing its full-year sales target by 30% and the previous record high in FY2024 by 12%.


Projects in Iskandar Malaysia contributed RM2.27 billion or 50% to the group’s total sales, followed by 39% from the Klang Valley and 11% from Penang.


Revenue and gross profit for FY2025 increased by 30% and 52%, respectively, with a higher gross profit margin of 31.6% achieved compared to 27% in FY2024.


Profit after tax (PAT) increased by 47% to RM445.3 million, a record high for the group. Cash flows generated from operations grew by 15% from RM1.12 billion in FY2024 to RM1.29 billion in FY2025.


Net cash generated from operating activities (after interest and taxes paid) increased to RM907.1 million in FY2025 from RM890 million in FY2024.


Future revenue as at Oct 31, 2025 remained high at RM4.89 billion, underpinning both earnings prospects and cashflow visibility going forward.


Gross and net gearing ratios as at Oct 31, 2025 were at 0.65 and 0.28 times respectively, supported by record high cash balances (including deposits and short-term funds) of RM2.28 billion, providing ample capacity to fund future expansion plans.


In line with the group’s strong performance, the board of directors has declared a final dividend of 2 sen per share in Q4 2025, bringing total dividends declared for FY2025 to 7 sen per share.


President & CEO Datuk Chang Khim Wah said: “FY2025 has been a record-breaking year for us, with RM4.55 billion sales recorded, PAT of RM445 million achieved and total dividends of 7 sen per share declared, all of which are our highest in a single financial year.


“The group’s balance sheet continued to strengthen with key financial metrics registering double-digit growths from FY2024. Future revenue also remains high at RM4.89 billion, providing clear earnings & cashflow visibility. Sales performed very well in FY2025. Iskandar Malaysia led the way with RM2.27 billion followed by strong contributions from the Klang Valley and Penang at RM1.75 billion and RM524 million respectively.”

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