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Koh Brothers Eco reports 31% lower FY18 earnings of $5.6 mil on profit margin decline

Michelle Zhu
Michelle Zhu2/4/2019 05:47 PM GMT+08  • 2 min read
Koh Brothers Eco reports 31% lower FY18 earnings of $5.6 mil on profit margin decline
SINGAPORE (Feb 4): Koh Brothers Eco Engineering posted 4Q18 earnings of $2 million, down by more than half from its earnings of $4.5 million a year ago due to lower segment profit margins.
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SINGAPORE (Feb 4): Koh Brothers Eco Engineering posted 4Q18 earnings of $2 million, down by more than half from its earnings of $4.5 million a year ago due to lower segment profit margins.

Revenue for the quarter grew marginally y-o-y to $114.8 million from $114.4 million in 4Q17 with higher revenue contributions from the Bio-Refinery and Bio-Energy division.

In line with the increase in revenue, cost of sales grew to $111 million from $105.7 million in the previous year.

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