Koh Brothers Eco revenue crashed by 37% in FY2020

Loss of revenue attributed to a halt in construction activities.

Sustainable engineering solutions provider Koh Brothers Eco Engineering Limited reported a drop in revenue to $182.3m for FY2020 from $290.6m a year ago, a decrease of 37%.

According to Koh Brothers Eco, the revenue loss was mainly due to a halt in construction activities during the circuit breaker period, which resulted in a decrease in revenue from its Engineering and Construction division.

Overall net loss attributable to equity holders stood at $11.8m in FY2020 compared to a net profit attributable to equity holders of $5.7m in FY2019.

Despite overall revenue loss, the company saw an improvement in comparison to the first half of 2020. H2 2020 saw an increase of 32% in revenues compared to H1.

Koh Brothers Eco said that as of 31 December 2020, cash and bank balances remained strong at $56.2m with a low net gearing ratio of 0.27x, whilst shareholders’ equity stood at $103.8.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia