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.
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.
