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Boustead Projects' Q4 earnings jump 165% on one-off gains
Revenue falls 35% to S$38 million; inaugural final dividend of 2.5 cents per share proposed
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Published Mon, May 22, 2017 · 09:50 PM
Singapore
REAL-ESTATE player Boustead Projects reported a 165 per cent jump in fourth-quarter earnings, thanks mainly to one-off gains for the period.
The group's net profit attributable to shareholders climbed to S$14.3 million in the three months ended March 31, 2017, from S$5.4 million the year before.
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