PETALING JAYA: Ecofirst Consolidated Bhd
began its financial year of 2026 (FY26) with a 87% year-on-year surge in first-quarter revenue, led by accelerated progress billing from its property development business and an improved rental yield from the property investment segment.
In a stock exchange filing, EcoFirst said the revenue rose to RM123.45mil in the first quarter ended Aug 31, 2025, as compared to RM65.92mil in the previous corresponding quarter.
Coupled with a lower finance cost as a result of lower geared commitment, the group’s net profit jumped to RM10.48mil from just RM946,000 on a year-on-year basis.
This led to a higher earnings per share of 0.89 sen in the first quarter of FY26. The group did not declare a dividend for the quarter.
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