Eastern Oriental Berhad
For most of its history its passageways and halls were the preserve of the rich and privileged from the western world intrepid travellers that included acclaimed writers and aspiring literati who arrived in steamships seeking to experience the exotic east.
Eastern oriental berhad. Note that we have excluded mainly forex gain in our core net income calculations. 555 k incorporated in malaysiaunder the companies enactment 1917 circular to stockholders in relation to the part a proposed renewal of stockholders mandate for the company and or its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature. Eastern oriental e o registered 2qyfy21 net profit of rm4 4m 136 0 yoy 234 8 qoq lifted primarily by foreign exchange fx gain of c rm10m. The company s property development portfolio is spread across kuala lumpur penang and johor s iskandar malaysia as well as overseas in central london.
Jack chia enterprises m sia bhd eastern oriental bhd to know more about the company find out from bursa marketplace. The company through its subsidiaries operates in property development investment and management. Eastern oriental berhad e o 1hfy21 core net earnings came in below expectations as it recorded core net loss of rm3 8m in 1hfy21. For the overseas expansion the company focuses on investment and development within.
Property company website annual report. Stripping out the fx gain group ytd net loss is estimated at rm8 8m which is behind our and consensus full year net profit estimates in excess of rm20m. About eastern oriental bhd eastern and oriental berhad is an investment holding company. Eastern oriental berhad.
Having built a property portfolio across a series of exclusive addresses in kuala lumpur and penang island. The earnings miss could be attributable to the lower than expected sales and lower revenue recognition from stp2a land in 2qfy21. Eastern oriental bhd description. Eastern oriental berhad.
Eastern oriental berhad company no. Eastern oriental berhad has established a reputation as a premier lifestyle property developer with a proven track record for delivering innovative concepts of exceptional quality.