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Wednesday, 21 October 2026
Markets

Eastern & Oriental Q1 Revenue Surges 53.4% to RM281.5 Million on Doubled Property Sales

By Abigail Cheong2 min read

Kuala Lumpur, 24 August 2026 – Premier lifestyle property developer Eastern & Oriental Berhad (E&O) reported a 53.4 percent year-on-year increase in revenue to RM281.5 million for the first quarter ended 30 June 2026 (Q1 FY2027), supported by surging residential sales and steady billing progress across its prime property projects.

Profit before tax for the quarter climbed 32.1 percent year-on-year to RM83.7 million, while profit after tax advanced 29.5 percent to RM64.9 million compared to the corresponding period last year. The core property segment remained the primary growth engine, expanding 63.2 percent to RM256.4 million to account for 91.1 percent of total group revenue. Meanwhile, the hospitality arm contributed RM24.7 million in quarterly revenue.

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Author

  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.