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KSH 1HFY2023 earnings up 2.5% y-o-y, revenue up 24.5%

The Edge Singapore
The Edge Singapore • 2 min read
KSH 1HFY2023 earnings up 2.5% y-o-y, revenue up 24.5%
The company plans to pay an interim dividend of a cent per share, representing a payout ratio of 55.9%.
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KSH Holdings Limited has reported earnings of $10.1 million for 1HFY2023 ended Sept 30, up 2.5% y-o-y. Revenue in the same period was up $141.6 million, up 24.5% y-o-y.

While construction revenue improved following the pandemic disruptions, the company’s rental income from its investment properties in China suffered.

“We are heartened by the Group’s continued financial resilience, with improvement from our core construction segment,” says executive chairman and managing director Choo Chee Onn (picture).

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