Tag Archives: Developers

Koh Brothers posts $4.3m H1 profit

Construction, property development and specialist engineering solutions group Koh Brothers Group Limited has posted net profit of $4.3 million for the half year ended June 30, 2009, up from a net profit of $335,000 in the same year-ago period.

The improved bottomline was achieved on the back of a 17 per cent increase in revenue to $138.6 million from $118.5 million in the previous corresponding period.

Source : Business Times – 14 Aug 2009

Ho Bee’s Q2 net profit jumps to $157.3m

Property developer Ho Bee Investment posted net earnings of $157.3 million for the second quarter ended June 30, 2009, up from $36.96 million in the same year-ago period. Revenue rose from $116.8 million in Q2 2008 to $740.8 million in Q2 this year.

Ho Bee’s first-half net profit jumped to $194.6 million from $63.1 million in the same period last year.

Source : Business Times – 14 Aug 2009