Submitted by corpcomm on Wed, 03/06/2024 - 15:32
02 Mar 2024


Eupe Corp Bhd, a property developer based in Kedah, is banking on its ongoing projects in the Klang Valley to drive revenue, boasting total unbilled sales of RM720 million. With flagship projects like Est8 @ Seputeh and Helix2 @ PJ South performing well, the company anticipates substantial contributions from upcoming ventures such as Circadia @ Belfield and Edgewater Estate. Managing director Datuk Beh Huck Lee underscores the importance of unbilled sales in predicting future earnings, emphasizing Eupe's growth trajectory. Despite recent fluctuations in net profit, the company's expansion into the Northern region with projects like Villa Natura in Sungai Petani signals promising market demand. While Eupe's stock remains undervalued, its second stage of growth strategy, including a private placement exercise, aims to bolster investor confidence and capitalize on the company's inherent value. Overall, Eupe's ongoing and upcoming projects, coupled with its financial performance, indicate a favorable outlook for sustained growth and profitability.

Eupe Corp looking to beat revenue record with two largest-ever residential projects
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