Boustead Singapore

Results

Boustead Singapore reports 73% plunge in net profit of $30.6 million for FY2022

For 2HFY2022, overall revenue was 26% lower y-o-y at $291.5 million.
Boustead Singapore net profit falls 2% y-o-y in 1H22 - THE EDGE SINGAPORE

Results

Boustead Singapore net profit falls 2% y-o-y in 1H22

The Board has declared an interim dividend of 1.5 cents per share.
Boustead Singapore appoints SGX Listings and Advisory Committee member Mak Lye Man as independent non-executive director - THE EDGE SINGAPORE

New appointments

Boustead Singapore appoints SGX Listings and Advisory Committee member Mak Lye Man as independent non-executive director

Mak also holds positions in SGX-listed companies such as at Intraco Limited and Hwa Hong Corporation.
CGS-CIMB remains positive on Boustead Singapore for its geospatial division, attractive valuation - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB remains positive on Boustead Singapore for its geospatial division, attractive valuation

Shares in Boustead Singapore closed 5 cents higher or 4.3% up at $1.22 on May 31.
Boustead Singapore reports record FY21 earnings of $113.1 mil; record annual dividend of 8 cents per share - THE EDGE SINGAPORE

Results

Boustead Singapore reports record FY21 earnings of $113.1 mil; record annual dividend of 8 cents per share

Earnings per share (EPS) for the 2HFY2021 and FY2021 stood at 18.8 cents and 23.3 cents respectively.

Broker's Calls

Boustead Singapore set for another good year: CGS-CIMB

CGS-CIMB anticipates a special DPS of 7 cents for FY21 following Boustead Project's value-unlocking exercise.
Boustead Singapore sells wholly-owned subsidiary to Chip Eng Seng subsidiary for $7.28 mil - THE EDGE SINGAPORE

Company in the news

Boustead Singapore sells wholly-owned subsidiary to Chip Eng Seng subsidiary for $7.28 mil

The disposal is expected to have a positive impact on Boustead Singapore’s EPS for the current FY ending March 31, 2021.

Broker's Calls

CGS-CIMB maintains 'buy' for Boustead Singapore and Boustead Projects with raised target prices

CGS-CIMB has maintained “buy” calls for both Boustead Singapore and Boustead Projects with target prices of $1.20 and 95 cents.
Boustead Singapore reports 76% surge in 1H earnings to $21.8 mil on stable y-o-y revenue and better gross margins - THE EDGE SINGAPORE

Results

Boustead Singapore reports 76% surge in 1H earnings to $21.8 mil on stable y-o-y revenue and better gross margins

The board has declared an interim dividend of 1 cent per share for the period, same as the year before.
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