Thursday, February 16, 2012

Koh Brothers full-year net profit up 80%

Business Times: Thu, Feb 16
CONSTRUCTION firm Koh Brothers saw net profit rise 80 per cent last year to hit $19.9 million.

The mainboard-listed company's revenue decreased 6 per cent in the 12 months ended Dec 31 to $341.1 million.

Its construction arm brought in the bulk of sales, although its real estate division showed the most growth in that respect.

Total sales for construction and building projects hit $283.7 million in 2011, down from $373.5 million the prior year.

On the other hand, Koh Brothers' real estate business grew sales from $29.9 million in 2010 to $75.9 million last year...

To find out more, kindly join us at Real Estate Digest

Team Marshe
Martin Koh/ Sherry Tang
9383-3992/ 9844-4400

No comments:

Post a Comment