Boustead Projects, a leading provider of real estates solutions, has reported earnings of $133.9 million for the 2HFY2021 ended March on May 25.

The figure, which represents a 964% y-o-y surge or 10.6 times higher than earnings of $12.6 million in the corresponding period the year before, was due to the successful launch of the Boustead Industrial Fund (BIF) on March 4.


See: Boustead Projects launches Boustead Industrial Fund, completes divestment of 14 properties


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