Home Capital Results

Koh Brothers reports 151% y-o-y earnings jump for 1HFY2022

The Edge Singapore
The Edge Singapore8/7/2022 05:09 PM GMT+08  • 2 min read
Koh Brothers reports 151% y-o-y earnings jump for 1HFY2022
Photo: The Edge Singapore
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Koh Brothers Group has reported earnings of $5 million for 1HFY2022 ended June, up 151% over the year earlier’s $2 million.

Revenue in the same period was up 13% y-oy to $158.9 million, due to higher revenue recognition from its construction and real estate businesses.

Along with a pick up in construction activities from the pandemic disruptions, the company reported a gross profit of $11.7 million, up 43% y-o-y. Gross margin improved to 7.4% from 5.8% in 1HFY2021.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.