Meanwhile, the group’s revenue was down 64.3% y-o-y at $52.7 million for 1HFY2025, due to lower revenue from the KSH’s construction business, which registered a $95.8 million decrease to $50.0 million in the same period. This came on the back of the completion of various projects awarded just before or during the Covid-19 pandemic, while projects awarded and commenced post-pandemic period were still in the early stages of construction.
KSH Holdings has reported a net loss of $6.5 million for the 1HFY2025 ended September, up 48.6% y-o-y from a loss of $12.6 million in the same period last year.
Loss per share stood at 1.17 cents, as compared to a loss per share of 2.23 cents in 1HFY2024.
