Boustead Q4 earnings dn 21.7% to RM150.5m on lower CPO prices


KUALA LUMPUR: Boustead Holdings Bhd's earnings fell 21.7% to RM150.50mil in the fourth quarter ended Dec 31, 2012 from RM192.30mil a year ago as it was impacted by the sharp fall in crude palm oil (CPO) prices.

It said on Monday that revenue rose 4.8% to RM2.68bil from RM2.55bil. Earnings per share were 14.55 sen compared with 18.59 sen. It proposed a dividend of 7.5 sen per share to be paid on March 29.

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