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Koh Brothers reports earnings of $4.9 mil for 2HFY2021, up 67% y-o-y

The Edge Singapore
The Edge Singapore • 2 min read
Koh Brothers reports earnings of $4.9 mil for 2HFY2021, up 67% y-o-y
The company booked a fair value gain of $8.7 mil
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Koh Brothers Group, which is in construction and property development, has reported earnings of $4.9 million for 2HFY2021 ended Dec 2021, up 67% y-o-y.

Revenue in the same period was down 20% y-o-y to $111.7 million.

Earnings for the whole of FY2021 was $6.9 million. For FY2020, it made a loss of $14.8 million. Revenue was up 4% y-o-y to $252.6 million.

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