Boustead Holdings deputy chairman/group managing director Tan Sri Lodin Wok Kamaruddin said the group's stronger performance was driven by gains from the disposal of plantation lands.
PETALING JAYA: Boustead Holdings Bhd’s net profits rose to RM462mil in the financial year ended Dec 31, 2017, underpinned by gains realised from the sale of its plantation land and stronger plantation contribution.
The diversified company said its profitability was up 25.2% from RM369mil a year ago.
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