Boustead posts lower second-quarter net profit


PETALING JAYA: Boustead Holdings Bhd posted a net profit of RM2.9mil for the second quarter ended June 30, compared with RM34.6mil a year earlier on lower contribution from pharmaceutical, property and heavy industries divisions, while minority interests rose.

Earnings per share fall to 0.28 sen from 3.35 sen previously. Despite the sharp drop in earnings, Boustead maintained a second interim dividend of five sen per share, payable on Sept 30. This would bring the total dividend declared for the first six months of 2015 to 10 sen per share.

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Business , Boustead , plantation , results

   

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