SINGAPORE: Construction and property development firm KSH Holdings recorded a 7 per cent decline in net profit to $41.7 million for the year to March 31.
This was on the back of a 15.7 per cent fall in revenue to $246.1 million, as revenue from projects dropped 16 per cent to $239.9 million and rental income from investment properties lost 1.8 per cent to $6.2 million.
Earnings per share for the year was 10.09 cents, down from 10.81 cents a year earlier.
Net asset value was 61.37 cents at March 31, up from 52.43 cents a year ago.
