Stocks to watch: Koh Brothers Eco Engineering, ComfortDelgro

THE following companies saw new developments that may affect trading of their securities on Thursday (Jan 26):

Koh Brothers Eco Engineering : The sustainable engineering solutions provider posted a 7 per cent increase in net profit to S$2.2 million for the full year ended Dec 31, 2022 on higher revenue. In its results filing on Wednesday, the group reported growth for both its engineering and construction, as well as bio-refinery and renewable energy segments. The counter closed at S$0.033, down 2.9 per cent or S$0.001, before the announcement. 

ComfortDelGro : The transport company on Wednesday said it invested four million euros (S$5.7 million) in a venture capital impact fund, Shift4Good. The investment was made through the company’s US$100 million venture capital fund. Shares of ComfortDelGro closed at S$1.19, up 2.6 per cent or S$0.03 after the announcement.