$ECOWLD / 8206 (ECO WORLD DEVELOPMENT GROUP BERHAD)
Research by MIDF
Neutral – TP RM1.81

" Earnings Lifted by Cost Savings”

• 9MFY24 earnings above expectations
• Earnings lifted by cost savings
• New sales target met
• Earnings forecast revised upwards
• Maintain NEUTRAL with a revised TP of RM1.81

Analyst:
Jessica Low Jze Tieng
jessica.low@midf.com.my