Koh Brothers posts 9% rise in 1Q net earnings to $3.2m

Koh Brothers Group said net earnings for the first quarter ended March 31, 2012, rose 9% to $3.2 million compared to the year ago period due to higher profit contributed by real estate division.

Turnover slipped 28% to $58.67 million from a year ago.

Earnings per share improved to 0.68 cents compared to 0.61 cents in the year earlier period.

source : TheEdge 8 may 2012

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