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Boustead Singapore posts 11% rise in 2H20 earnings to $18.5 mil, achieving "commendable" results under "tough business environment", says CEO Wong

Felicia Tan
Felicia Tan • 3 min read
Boustead Singapore posts 11% rise in 2H20 earnings to $18.5 mil, achieving "commendable" results under "tough business environment", says CEO Wong
Excluding the impairment losses and gain on the sale of 25 Changi North Rise, the group says net profit for 2H20 and FY20 would have been 48% and 34% higher y-o-y respectively.
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