http://www.businesstimes.com.sg/brea...pment-20140509


CONSTRUCTION and property development company Koh Brothers Group on Friday posted a 45 per cent rise in net profit to S$4.7 million for the first quarter ended March 31, 2014, up from S$3.3 million a year ago.

Total sales rose by 26 per cent from S$80.5 million to S$101.2 million for the quarter, while gross profit grew 32 per cent from S$10.9 million to S$14.4 million.

According to Koh Brothers, the increase in profit and sales was driven mainly by better performance by its real estate division.

Earnings per share rose from 0.71 Singapore cents to 1.06 Singapore cents.