Koh Brothers Eco Engineering’s net profit rose 7% y-o-y to $2.2 million in FY2022 for the 12 months to Dec 31, 2022. Revenue rose 16% to $209.4 million on the back of growth in engineering and construction, and bio-refinery and renewal energy businesses.
The orderbook of $684.6 million was “lifted by ongoing $200.7 million MEICA contract from PUB for Tuas Water Reclamation Plant” the company said.