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Koh Brothers reverses from net loss in 1H20 to earnings of $2.9 mil in 2H20

Felicia Tan
Felicia Tan • 3 min read
Koh Brothers reverses from net loss in 1H20 to earnings of $2.9 mil in 2H20
For the FY2020, however, the group posted a net loss of $14.8 million, mainly due to the adverse impact from the Covid-19 pandemic
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Property developer and construction company Koh Brothers reported earnings of $2.9 million for the 2HFY2020 ended December, putting it back in the black from the $17.8 million net loss posted in 1HFY2020.

Y-o-y, the group’s earnings were 14% lower compared to earnings of $3.4 million in the 2HFY2019.

2HFY2020 earnings per share (EPS) came in at 0.71 cents on a fully diluted basis compared to EPS of 0.83 cents the year before.

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