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Koh Brothers Eco Engineering's 2Q earnings jump 137% to $1.93 mil on recognition of divestment gains

Samantha Chiew
Samantha Chiew7/31/2018 10:46 PM GMT+08  • 2 min read
Koh Brothers Eco Engineering's 2Q earnings jump 137% to $1.93 mil on recognition of divestment gains
SINGAPORE (July 31): Koh Brothers Eco Engineering announced that its 2Q18 earnings have increased by 137% to $1.93 million from $0.82 million in 2Q17 on recognition of divestment gains.
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SINGAPORE (July 31): Koh Brothers Eco Engineering announced that its 2Q18 earnings have increased by 137% to $1.93 million from $0.82 million in 2Q17 on recognition of divestment gains.

This brings 1H18 earnings to $2.30 million, 4% higher than $2.21 million recorded in 1H17.

Revenue for the quarter saw a 33% increase to $66.2 million from $49.8 million in the previous year, primarily contributed by the group’s Engineering and Construction division.

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