Koh Brothers: FY2017 Net Profit Surges 49% To S$19.8 Million, Outpaces 7% Revenue Growth To S$369.4 Million.13 Feb 2018 18:07
4Q2017 net profit surges 74% to S$12.2 million from S$7.0 million in 4Q2016. FY2017 net profit lifted by completion of Westwood Residences EC and gains from bulk sale of The Lumos. Proposes Final and Special dividend of SGD 0.60 cent and SGD 0.40 cent, respectively. Strong construction order book of S$762.7 million to be progressively recognised. Healthy balance sheet with S$64.8 million cash and bank balances and lower net gearing of 0.47 time. Maiden project in South Korea planned for launch in 1H2018...
Source: ShareInvestor Express