(February 03 11:28) Sbr.com.sg
Uploaded By:
Paul Howell
Submitted By:
Paul Howell
Case Study:
No
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.
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