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E&O Posts Record FY2026 Performance as Property Sales Hit RM1.4 Bil

KUALA LUMPUR, 26 May 2026 — Eastern & Oriental Berhad (E&O) delivered a record financial performance for FY2026, driven by strong sales momentum from its flagship Andaman Island development in Penang and continued contributions from projects in the Klang Valley.

The lifestyle property developer recorded revenue of RM867.6 million for the financial year ended 31 March, 2026, up 17% year-on-year, while profit after tax (PAT) rose 34% to RM243.9 million. Profit before tax increased 35% to RM293.1 million. On a recurring basis, excluding unrealised foreign exchange losses and one-off items, PAT climbed 39% to RM278.6 million.

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  • Passionate about storytelling and people, Esther enjoys uncovering the stories behind businesses, markets, and trends; turning complex topics into engaging and relatable reads. During her free time, catch her getting her steps in the park, riding a stationary bike according to beats, or just lounging, catching up with her favourite series.

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