Its outstanding orderbook stands at $48.8m.
Koh Brothers Eco enjoyed a fruitful FY15 as it debuted outside of Asia and bagged $35.4m worth of contracts. According to the engineering solutions provider’s press release, Koh Brothers Eco’s Oiltek subsidiaries contributed $23.9m while its Singapore division contributed $11.5m. It also breached the Central America and Africa markets to clinch bio-refinery and bio-energy projects.
As at 30 November last year, the company’s outstanding orderbook stands at $48.8m. Of this, Oiltek subsidiaries have around $31.4m worth of contracts that span across several Asian countries such as Indonesia, Thailand, Philippines, Hong Kong and Pakistan, and across Central America and Africa. The contracts covered a wide range of edible oil refinery and fractionation, multiple feedstock biodiesel and palm oil mill effluent biogas plants.
The remaining $17.4m orderbook comes under Koh Brothers Eco’s Singapore division, which secured an $8m maintenance of mechanical and electrical equipment for the Singapore Public Utilities Board’s Changi Water Reclamation Plant. The company further asserted that this maintenance contract will boost Koh Brothers Eco’s recurrent income base.
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