Business briefing

Boustead Q2 earnings down 41%

BOUSTEAD Singapore's net profit for the second quarter ended September dropped 41 per cent, from $15.3 million to $9 million. The period saw "other operating loss" of $1.9 million, against "other operating income" of $5.7 million a year earlier. Revenue inched up to $113.3 million from $112.2 million. Earnings per share dropped from 3 cents to 1.8 cents. Interim dividend was maintained at two cents per share.

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