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Koh Brothers reports 6% rise in 1Q earnings to $1.3 mil on growth across all divisions

PC Lee
PC Lee5/9/2019 8:1 PM GMT+08  • 2 min read
Koh Brothers reports 6% rise in 1Q earnings to $1.3 mil on growth across all divisions
SINGAPORE (May 9): Koh Brothers, the property developer and construction company, reported a 6% rise in 1Q19 earnings to $1.3 million from $1.2 million in 1Q18.
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SINGAPORE (May 9): Koh Brothers, the property developer and construction company, reported a 6% rise in 1Q19 earnings to $1.3 million from $1.2 million in 1Q18.

1Q19 earnings per share rose to 0.31 cent from 0.29 cent in 1Q18 while net asset value per share increased to 71.75 cents at end March compared to 68.42 cents at end December.

Koh Brothers reported 1Q19 revenue of $78.6 million, a 17% increase from $67.1 million in 1Q18, mainly lifted by higher contribution from the Construction and Building Materials division.

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