SUBSCRIBERS
Boustead posts 60% drop in Q1 earnings
Add BT as a preferred source
Mindy Tan
Published Wed, Aug 12, 2015 · 09:50 PM
Singapore
BOUSTEAD Singapore's net profit for the first quarter ended June 30, 2015, fell 61 per cent to S$6.3 million, from S$16.1 million for the year-ago period. This was on the back of revenue falling 8 per cent to S$116.7 million.
The group's gross profit margin dipped to 32 per cent from 34 per cent amid a challenging global business environment.
TRENDING NOW
Why China is tightening controls on overseas stock trading
Xi Jinping has just rewritten the rules of US-China rivalry
‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI
‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next
