As such, the company has reported a loss of $16 million for 1HFY2023, versus earnings of $5 million for the year earlier.
Koh Brothers Group has reported higher revenue of $196.6 million for 1HFY2023, as it booked more sales from its property development activities.
However, the company, which started in construction, suffered from higher costs in labour and materials. It also did not benefit from one-off disposal gains recognised in the year earlier period.
