Koh Bros' net profit surged by 824% in the second half of last year and will distribute a final dividend of 0.3 cents and a special dividend of 0.6 cents | Lianhe Zaobao
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Koh Brothers Limited reported a net profit increase of 824% to SGD 15.95 million in the second half of last year, with revenue rising 41% year-on-year to SGD 177.23 million. For the full year, net profit reached SGD 18.58 million, and revenue grew 38% to SGD 329.39 million. The company announced a final dividend of 0.30 cents and a special dividend of 0.60 cents. Executive Chairman Koh Keng Siong stated that the company benefited from the growth of the local construction industry and expects to face competition and cost pressures in the future
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