Koh Brothers Group Limited has announced a 24% increase in revenue, reaching $188m for the first half of 2026. This growth is primarily attributed to higher contributions from its Construction and Building Materials division. The group’s cash and bank balances have also risen to $125.7m, with a net asset value per share of 67.22 Singapore cents.
The company, known for its construction, property development, and specialist engineering solutions, remains focused on executing its robust construction order book, valued at approximately $1b, with project visibility extending to 2029. Despite a challenging operating environment, the group continues to deliver on key projects, including the construction of intra-terminal tunnels at Changi Airport’s new Terminal 5 and the Lorong Halus Bus Depot.
Executive Chairman and Group CEO Francis Koh highlighted the impact of geopolitical conflicts and supply chain disruptions on profitability, noting increased material and procurement costs. “We remain focused on disciplined cost management, operational efficiency, and the recovery of costs relating to variation orders where appropriate,” he stated.
Looking ahead, Koh Brothers plans to leverage its established track record and technical expertise to pursue quality projects that align with its core strengths. The group aims to create sustainable long-term value for shareholders whilst maintaining a prudent approach to capital allocation.
