Eden's net profit leaps fivefold to RM3.34mil in 2Q

Quick Summary:

KUALA LUMPUR: Eden Inc Bhd's efforts to enhance margins have borne fruit, as it reported net profit of RM3.34mil in the second quarter of its financial year (2QFY25), nearly six times the net profit of RM569,000 recorded in the same quarter in the year before.

The group's earnings per share rose to 0.66 sen during the quarter from 0.12 sen previously.

Revenue, however, fell to RM30.28mil from RM47.91mil, on lower electricity sales.

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Category: EconomyBusiness

Markets: Malaysia

Topics: Tourism /Business/Business News Corporate News Eden Electricity Energy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 08:55:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 304 words

Reading Time: 2 minutes read

Sentences: 14 lines

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Copyright Owner: © The Star

News ID: 26468385

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