The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Boustead Singapore H1 profit dips 2%, revenue up as real estate business recovers

Boustead Projects leads growth on improved revenue recognition for engineering, construction work

Sharanya Pillai

Sharanya Pillai

Published Sat, Nov 13, 2021 · 05:50 AM
Share this article.

Singapore

BOUSTEAD Singapore posted a 2 per cent drop in net profit to S$21.3 million for the half-year ended September, as a result of the resumption of "more normalised" revenue recognition at its real estate unit, Boustead Projects.

The company has declared an interim dividend of 1.5 Singapore cents per share, up from 1 cent per share in the year-ago period.

KEYWORDS IN THIS ARTICLE

Financial results

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here