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Boustead Singapore
Results
Boustead Singapore posts 12% rise in 3Q earnings to $8.7 mil on higher revenue
SINGAPORE (Feb 13): Boustead Singapore saw its earnings grow 12% to $8.7 million for the 3Q19 ended December, from $7.8 million a year ago.
February 13, 2019
Contracts
Shares of Boustead Singapore, Boustead Projects up on $200 mil contract win
SINGAPORE (Jan 21): Shares of Boustead Singapore and Boustead Projects rose on Monday morning.
January 21, 2019
M&A
Boustead acquires Asia-focused healthcare business for $19 mil
SINGAPORE (May 24): Boustead Singapore announced that it is acquiring 100% of the shareholding of WhiteRock Incorporation (WRI), which comprises a group of 16 healthcare corporations operating in Singapore, China, Hong Kong, Malaysia and Thailand for $19
May 24, 2018
Results
Boustead Singapore posts 18% drop in 4Q earnings to $7.5 mil on absence of one-off gains
SINGAPORE (May 23): Engineering services and geo-spatial technology group Boustead Singapore saw its earnings fall 18% to $7.5 million for the 4Q ended March, from $9.2 million a year ago.
May 23, 2018
Results
Boustead Singapore's 3Q earnings drop 17% to $7.8 mil
SINGAPORE (Feb 13): Boustead Singapore posted a 17% fall in 3Q earnings to $7.80 million from $9.45 million a year ago.
February 13, 2018
Results
Boustead Singapore posts 7% drop in 2Q earnings to $7.1 mil; doubles interim dividend to 1 cent
SINGAPORE (Nov 14): Engineering services and geo-spatial technology group Boustead Singapore reported a 7% decline in earnings to $7.1 million in the 2Q18 ended September, down from $7.6 million a year ago.
November 14, 2017
Results
Boustead Singapore posts 58% fall in 1Q earnings to $2.9 mil
SINGAPORE (Aug 10): Boustead Singapore reported 1Q18 earnings of $2.9 million, down 58% from $7 million in 1Q17.
August 10, 2017
In print this week
At close to 200 years old, this company is seeking young blood
SINGAPORE (July 7): As one of Singapore’s oldest companies, Boustead Singapore has cycled through numerous businesses including commodity trading, tin smelting, shipping and the distribution of consumer goods.
July 07, 2017
Broker's Calls
Boustead to charge ahead after a robust FY17
SINGAPORE (May 24): CIMB Research is maintaining its “add” call on Boustead Singapore and raising its target price to 96 cents from 88 cents previously while noting a strong balance sheet for potential mergers and acquisitions (M&As).
May 24, 2017
Results
Boustead Singapore reports 18% rise in FY17 earnings to $33.3 mil
SINGAPORE (May 23): Boustead Singapore, the infrastructure-related engineering services and geo-spatial technology group, reported an 18% rise in FY17 earnings to $33.3 million.
May 23, 2017