Koh Brothers Group Limited has announced a remarkable financial turnaround for the fiscal year ending 31 December 2025, reporting a net profit of $18.6m attributable to equity holders. This marks a significant recovery from a $5.5m loss in FY 2024. The Group’s revenue surged by 38.2% to $329.4m, largely due to increased contributions from its Construction and Building Materials division and Real Estate division.
The Group’s Executive Chairman and CEO, Francis Koh, attributed the improved performance to the positive momentum in Singapore’s construction sector. “In 2025, we secured several public sector contracts, including the construction of intra-terminal tunnels at Changi Airport’s new Terminal 5,” he stated. Koh Brothers’ order book now exceeds $1b, ensuring revenue visibility through to 2029.
Financially, the Group’s gross profit rose to $39.1m, up from $19.3m in the previous year. Other gains also increased significantly, driven by the completion of a land disposal in Johor, Malaysia. Despite a decrease in profits from associated companies and joint ventures, the Group’s overall profitability improved, with a net profit of $16m in the second half of 2025 alone.
Koh Brothers maintains a healthy balance sheet with cash reserves of $114.3m and a net gearing ratio of 0.09x. The Board has proposed a final dividend of 0.30 Singapore cent and a special dividend of 0.60 Singapore cent, reflecting the Group’s commitment to returning value to shareholders.
Looking forward, Koh Brothers is poised to capitalise on sustained demand in both public and private construction sectors, further strengthening its market position.
