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Fair-value boost for Koh Brothers' Q2

Earnings up 138%; higher margins in real estate business

CONSTRUCTION group Koh Brothers reported a 138 per cent year-on-year surge in net profit to S$11.53 million for the second quarter ended June 30, 2014. Sales rose 7 per cent to S$109.49 million on the back of higher sales from its real estate division. Earnings per share more than doubled to 2.