Boustead Singapore's geospatial business potential worth watching for investors
The company has successfully grown its revenue and profit contribution from sectors outside real estate
Singapore
BOUSTEAD Singapore has had a decent performance in spite of the pandemic year. For FY2021 ended March, it recorded a slight dip in revenue but generated record net profit.
The company's bottomline has been powered by its geospatial and energy engineering divisions, as well as a value-unlocking gain at its real estate division.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.