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Boustead Plantations’ net profit surges to RM435mil in 1Q
KUALA LUMPUR: Boustead Plantations Bhd’s net profit surged to RM435.16mil in the first quarter ended March 31, against RM12.22mil a year ago on disposal gain and higher palm product price.
Boustead returns to the black with RM170.10mil net profit in FY21
KUALA LUMPUR: Boustead Holdings Bhd has returned to the black with a net profit of RM170.10 million for the financial year ended Dec 31, 2021 (FY2021) compared with a net loss of RM550.90 million in FY2020.Â
Boustead Plantations earnings up five-fold
Revenue at record high on strong CPO prices
BHIC appoints independent, non executive director
KUALA LUMPUR: Boustead Heavy Industries Corp Bhd has appointed Datuk Nasarruddin M. Zin to its board as an independent non-executive director, effective Jan 27, 2022.
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.Â
BHIC makes director appointments to its board
PETALING JAYA: Boustead Heavy Industries Corp Bhd (BHIC) has appointed Datuk Ahmad Nazim Abdul Rahman as non-executive non-independent director of Lembaga Tabung Angkatan Tentera (LTAT) and Irfan Hashim as his alternate director.
Boustead Plantations selling Kulai estate
RM429mil price is about 10% higher than market value
Boustead Holdings narrows 2Q losses as units improve
KUALA LUMPUR: Boustead Holdings Bhd narrowed its net loss to RM7.3 million in the second quarter ended June 30, 2021 compared with a net loss of RM73.7 million a year ago amid an improved performance from all divisions within the group.
Trading ideas: Pintaras, Genting Malaysia, Sime Darby, Willowglen, Boustead
KUALA LUMPUR: Stocks to watch on Wednesday include Pintaras Jaya Bhd, Genting Malaysia Bhd, Sime Darby Bhd, Willowglen MSC Bhd and Boustead Holdings Bhd, according to JF Apex Research.
All eyes on Boustead’s asset disposal plan
WITH its debt at a massive RM7.5bil, it is no wonder that talk is that Boustead Holdings Bhd’s asset monetisation programme is shifting to higher gear. Word is that its crown jewel, namely, its holding stake in Affin Bank Bhd, could be next.
