Tuesday, October 23, 2012

OKP's 3Q net profit halves to $2.4m

OKP Holdings, the infrastructure and civil engineering company, said it posted earnings of $2.4 million for the three months ended Sept 30 (3Q2012), a drop of 50% from the same period last year (3Q2011).

Revenue achieved was $28.5 million, up 12% from a year ago.

OKP said it has a gross order book of $346.1 million as at Sept 30 and the projects in it should last till 2015. It also has free cash and cash equivalents of $46.2 million.

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