BOUSTEAD Holdings Bhd has achieved a big increase in first-quarter profit as its major operating divisions reported a healthy bounce in earnings.
For the three months ended March 31, Boustead posted a 71% rise in pre-tax profit to RM77.9mil from RM45.6mil in the corresponding period last year, while net profit increased to RM37.3mil, or 6.77 sen per share, from RM18mil, or 4.4 sen per share, previously.
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