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Koh Brothers Group and Koh Brothers Eco Engineering guide for net loss in 1HFY2023

Felicia Tan
Felicia Tan • 1 min read
Koh Brothers Group and Koh Brothers Eco Engineering guide for net loss in 1HFY2023
The groups' results will be released by Aug 14.
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Koh Brothers Group (SGX:K75) is guiding for a net loss in the 1HFY2023 ended June ahead of its results which are due to be released by Aug 14.

The net loss was incurred by the group’s construction and building materials and real estate divisions, which registered an increase in materials, labour, subcontractor and finance costs, as well as the finalisation of construction project accounts.

At the same time, Koh Brothers Eco Engineering (SGX:5HV) is also guiding for a net loss for the 1HFY2023 ended June.

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