Boustead gains from sale of assets


KUALA LUMPUR: Boustead Holdings Bhd’s pre-tax profit jumped to RM322.5mil for the second quarter ended June 30, 2016 from RM83.3mil recorded in the same period last year, thanks to the disposal of assets related to its property and plantations business segments.

Revenue, however, declined to RM2.07bil from RM2.21bil previously.

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