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Boustead Q2 earnings up 94% at S$17.5m

Published Tue, Nov 11, 2014 · 09:50 PM

Singapore

TECHNOLOGY and engineering group Boustead Singapore reported a net profit of S$17.5 million for its second quarter ended Sept 30, up 94 per cent from S$9 million a year ago. Revenue increased by 14 per cent from S$113.3 million to S$129.7 million.

An interim dividend of two Singapore cents a share was declared, unchanged from a year ago. Investors can also opt to get their dividends in scrip.

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