Koh Brothers Q4 profit slips 2%, revenue 17% higher

Singapore

KOH Brothers Group reported a 2 per cent slide in net profit to S$6.2 million for the three months ended Dec 31, 2014, as share of losses from joint venture companies widened.

Revenue was 17 per cent higher year on year at S$102.3 million as its real estate division generated higher revenue. Earnings per share for the quarter came to 1.42 Singapore cents, up from 1.39 cents a year ago.