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OKH Global posts 2Q earnings more than treble to $3.01 mil on higher revenue

Samantha Chiew
Samantha Chiew2/6/2018 06:58 PM GMT+08  • 2 min read
OKH Global posts 2Q earnings more than treble to $3.01 mil on higher revenue
SINGAPORE (Feb 6): OKH Global announced that its 2Q18 earnings has increased more than threefold to $3.01 million, compared to $0.86 million in 2Q17.
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SINGAPORE (Feb 6): OKH Global announced that its 2Q18 earnings has increased more than threefold to $3.01 million, compared to $0.86 million in 2Q17.

Revenue for the quarter came in at $6.28 million, 117% higher than $2.89 million a year ago, attributed largely to a higher income from sale of units from completed projects.

Revenue from the group’s property development segment was approximately $2.59 million which was attributed to units sold in its completed development project as compared to no revenue in 2Q17 as there were no additional sales from completed projects during the quarter.

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