“EcoWorld reports RM438 million net profit in FY2025, driven by higher sales, land disposals and Paragon Pinnacle consolidation, with RM4.55 billion record sales.”
Kuala Lumpur, 12th December 2025, 10.43am – Eco World Development Group Bhd (EcoWorld) reported a significantly stronger financial performance for the year ended Oct 31, 2025 (FY2025), with net profit rising to RM438.07 million from RM303.54 million previously.
Revenue increased to RM2.93 billion, compared with RM2.26 billion a year earlier. The improvement was supported by stronger property sales and the full consolidation of Paragon Pinnacle’s financial results in the fourth quarter. EcoWorld also credited its improved performance to the sale of 49.8 hectares of industrial land at the QUANTUM Edge business park during the second quarter.
Its key contributors included developments in Iskandar Malaysia such as Eco Botanic, Eco Botanic 2, Eco Spring, Eco Tropics, and Eco Business Parks I, II and III. In the Klang Valley, projects such as Eco Majestic, Eco Forest, Eco Sanctuary and Se.Duduk D’ Kajang also bolstered revenue.
For the fourth quarter alone, EcoWorld recorded a higher net profit of RM126.73 million, compared with RM83.42 million in the same period last year, while quarterly revenue climbed to RM750.78 million from RM638.45 million.
Sales from the Iskandar Malaysia region continued to dominate, contributing RM2.27 billion, or 50% of total group sales. The Klang Valley accounted for 39%, while Penang contributed 11%.
In a separate statement, president and chief executive officer Datuk Chang Khim Wah described FY2025 as a record-setting year for EcoWorld, delivering RM4.55 billion in sales, profit after tax of RM445 million, and total dividends of 7.0 sen per share — the highest ever for the company.
Chang said the group’s financial position strengthened further, with key indicators showing double-digit growth against FY2024. Future revenue remains robust at RM4.89 billion, offering strong visibility on earnings and cashflow.
To maintain momentum, EcoWorld has raised its FY2026 sales target to RM4 billion. New launches supporting this goal include Eco Business Park VII in Negeri Sembilan, Eco Business Park 8 in Kulai, and Eco Radiance, a new township in Semenyih.
On recurring income, Chang noted that construction of the data centre shell and core at Eco Business Park V—set to be leased to Pearl Computing Malaysia Sdn Bhd—is progressing as scheduled. Once completed in the second half of FY2027, the fixed rental income will strengthen EcoWorld’s strategy to expand recurring earnings to 20–30% of net profits over the long term.
