Boustead Singapore registers 30% fall in profit for Q4

BOUSTEAD Singapore reported a 30 per cent year-on-year slide in net profit to S$17.86 million for the fourth quarter ended March 31, 2015.

Revenue was also lower, down 14 per cent to S$122.33 million due to lower revenue across most segments.

Earnings per share came to 3.4 Singapore cents, down from five Singapore cents previously. A final dividend of two Singapore cents per share has been proposed.

For the full year, net profit fell 10 per cent to S$63.28 million against an 8 per cent rise in revenue to S$556.41 million.