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KUALA LUMPUR: Boustead Plantations posted a net profit of RM17.97mil in the third quarter ended Sept 30,2020, a turnaround from a net loss of RM34.31mil a year ago, underpinned by the rebound in crude palm oil prices.
KUALA LUMPUR: Boustead Plantations is a prime privatisation target by its immediate holding company, Boustead Holdings Bhd, which will result in an “acquisition gain” for the latter.
PETALING JAYA: Boustead Plantations Bhd’s net loss narrowed to RM9.6mil for the first quarter (Q1) ended March 31,2020, from RM16.2mil in the corresponding quarter last year, as revenue rose on improved prices of palm products.
BOUSTEAD Plantation Bhd continued its path to recovery on Monday after breaking above the 100-day simple moving average (SMA).
KUALA LUMPUR, Nov 21 (Bernama) -- Boustead Plantations Bhd’s net loss had widened to RM34.31 million in the third quarter ended Sept 30, 2019 from RM21.89 million in the same quarter last year, mainly due to higher amortisation and finance costs.
PETALING JAYA: Boustead Plantations Bhd has delivered a net profit of RM79.23mil for its second quarter ended June 30, compared with a net loss of RM22.24mil in the previous year’s corresponding quarter.
WITH the market going into a corrective mode following rising uncertainties due to the US-China trade war, flight to safety has indeed been the theme since the beginning of the month as we saw global bond yields falling to levels depicting crisis like environment as central banks race to the bottom in cutting rates.
KUALA LUMPUR: Boustead Plantations Bhd chief executive officer (CEO) Chow Kok Choy, a veteran planter, will retire on July 31 after 48 years with the group.
KUALA LUMPUR: Declining palm product prices and lower production resulted in a RM22.24mil net loss for Boustead Plantations Bhd in Q2 ended June 20,2018, compared to a net profit of RM10.78 mil in the previous corresponding quarter.