The group says that this profitability was driven by a strong rebound in the Engineering and Construction segment, which more than doubled its revenue y-o-y to $81.3 million. This was underpinned by higher revenue recognition from new and ongoing projects during the period.
Catalist-listed Koh Brothers Eco Engineering Limited (Koh Brothers Eco) has reversed into earnings of $3.04 million for the 1HFY2025 ended June 30.
Revenue for the reporting period increased 68% y-o-y to $112 million, and gross profit grew over 2,000% to $13.9 million.
