Boustead back to profitability in Q3

KUALA LUMPUR: Boustead Holdings Bhd rebounded to record a net profit of RM55.7 million in its third quarter ended Sept 30, 2021 from a net loss of RM51.8 million in the same period a year earlier.

In a filing with Bursa Malaysia today, the group said the improvement was driven by driven by strong performance, particularly from the plantation and pharmaceutical divisions.