KSH Holdings says that its order book has reached $315 million after it accepted a letter of acceptance for a new construction project.
In its earlier update on May 30, its order book was $230 million as of March 31.
In addition, KSH says is in the midst of working on "several" tenders to further increase its order book size.
Besides construction, KSH, led by executive chairman and managing director Choo Chee Onn, is in property development too.
Its share of unrecognised attributable revenue from sold property development units in Singapore in FY2025 is over $162 million.
For its FY2025 ended March 31, it reported a net loss of $5.9 million, due to the net loss on fair value adjustment of investment properties and share of results of associates and joint ventures. In the year earlier, the corresponding figure was $31 million.
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KSH was in the news recently for placing out nearly 29 million treasury shares at 30.5 cents each, raising net proceeds of $8.67 million.
Its NAV per share as at March 31 was 51.4 cents, down from 52.7 cents a year earlier.
As at March 31, it held a cash balance of $57.2 million, a jump from just $1 million a year earlier. This has eased its gearing from 0.42x to 0.22x in the same period.
KSH shares closed at 37 cents on Aug 22, up 1.37% for the day and up 76.19% year to date.
