Published 1 week ago on 30 July 2018
KUALA LUMPUR, July 30 — Property development group, EcoFirst Consolidated Bhd, is targeting to chalk up RM240 million in sales for the financial year ending May 31, 2019 (FY19), up from FY18’s target of RM180 million.
Group Chief Executive Officer Datuk Tiong Kwing Hee said the main contributors to the target would be its mixed residential and retail development, Liberty@Ampang Ukay, and condominium project, Kondominium Kelab Golf Ipoh, previously known as Upper East @ Tiger Lane.
“Our sales achieved in FY18 was about RM181 million, almost close to what we targeted,” he told a press conference on EcoFirst’s FY18 performance here today.
As at June 2018, Tiong said the company had sold 95 per cent of Liberty project, which contributed RM158 million to FY18’s results.