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Koh Brothers Eco Engineering reports 7% rise in net profit in FY2022

The Edge Singapore
The Edge Singapore 1/25/2023 07:50 PM GMT+08  • 1 min read
Koh Brothers Eco Engineering reports 7% rise in net profit in FY2022
Koh Brothers Eco Engineering's net profit rose 7% y-o-y
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Koh Brothers Eco Engineering’s net profit rose 7% y-o-y to $2.2 million in FY2022 for the 12 months to Dec 31, 2022. Revenue rose 16% to $209.4 million on the back of growth in engineering and construction, and bio-refinery and renewal energy businesses.

The orderbook of $684.6 million was “lifted by ongoing $200.7 million MEICA contract from PUB for Tuas Water Reclamation Plant” the company said.

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