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KSH Holdings has announced a strong return to profitability for the first half of the financial year, reversing the loss recorded in the previous corresponding period. This successful turnaround reflects disciplined execution, largely driven by higher revenue and improved margins within the construction business. With a strengthened construction order book and healthy financial reserves, the Group remains cautiously optimistic about delivering sustainable value.
• A significant increase in construction work progress boosted overall revenue, confirming the effectiveness of the focus on quality project execution
• The overall financial standing is robust, evidenced by a large balance of fixed deposits and cash, coupled with a notably reduced gearing ratio
• Property development joint venture projects in Singapore and the People's Republic of China continue to achieve healthy sales momentum and are expected to generate positive margins
By Investor.ExchangeKSH Holdings has announced a strong return to profitability for the first half of the financial year, reversing the loss recorded in the previous corresponding period. This successful turnaround reflects disciplined execution, largely driven by higher revenue and improved margins within the construction business. With a strengthened construction order book and healthy financial reserves, the Group remains cautiously optimistic about delivering sustainable value.
• A significant increase in construction work progress boosted overall revenue, confirming the effectiveness of the focus on quality project execution
• The overall financial standing is robust, evidenced by a large balance of fixed deposits and cash, coupled with a notably reduced gearing ratio
• Property development joint venture projects in Singapore and the People's Republic of China continue to achieve healthy sales momentum and are expected to generate positive margins