KHOON GROUP (00924) announces its interim results with a profit of SGD 157,400 for the period, turning losses into gains compared to the same period last year.

KHOON GROUP (00924) releases its interim performance for the six months ended on December 31, 2024, with a revenue of 441.859 million Singapore dollars, an increase of 37.16% year-on-year; a profit of 157,400 Singapore dollars during the period, compared to a loss of 424,400 Singapore dollars in the same period last year, turning from a loss to a profit year-on-year; basic earnings per share of 0.02 Singapore cents. The announcement stated that the increase in revenue is mainly due to the rising demand for construction in Singapore.