- Boustead Singapore (SGX:F9D)'s 1HFY25 (financial year ending 31 Mar 2025) revenue fell 20% y-o-y to S$295.2m, mainly driven by lower revenues from Energy Engineering and Real Estate Solutions divisions.
PATMI jumped 34% y-o-y on margin expansion & reversal of impairment loss
- - Read this at SGinvestors.io -
- Boustead’s 1HFY25 revenue & PATMI constituted 55.2% & 72.6% of our initial full year forecasts, respectively.
- - Read this at SGinvestors.io -
- Boustead has declared an interim dividend of 1.5 Singapore cents per share, which is flat y-o-y and is due to be paid out on 2 Dec 2024.
The Geospatial Division continued to shine bright as the crown jewel in Boustead’s portfolio of businesses
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
Ada Lim OCBC Investment Research | https://www.iocbc.com/ 2024-11-15
Previous report by OCBC:
2024-05-30 Boustead Singapore - A Strong Beat Despite Short-Term Challenges.
Price targets by other brokers at Boustead Target Prices.
Listing of research reports at Boustead Analyst Reports.
Relevant links:
Boustead Share Price History,
Boustead Announcements,
Boustead Dividends & Corporate Actions,
Boustead News Articles
