Boustead More Than Doubles H2 Profit to S$197.7 Million
Singapore-based conglomerate Boustead reported a more than doubling of its second-half profit to S$197.7 million for fiscal year 2026, driven primarily by asset sales to UI Boustead Reit. Full-year earnings surged 145%. In response, the board proposed a final ordinary dividend of S$0.04 per share, reflecting strong operational results and shareholder returns.
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Boustead more than doubles H2 profit to S$197.7 million
Boustead, a Singapore-based conglomerate, reported a significant surge in its financial performance for the second half of fiscal year 2026, with profit more than doubling to S$197.7 million. The company's full-year earnings also saw a substantial increase of 145%. In light of the strong results, the board has proposed a final ordinary dividend of S$0.04 per share. The news was published by The Business Times on May 26, 2026, highlighting the company's robust recovery and growth trajectory.
The Business TimesBoustead more than doubles H2 profit to S$197.7 million
Boustead, a Singapore-based conglomerate, reported a significant surge in its financial performance for the second half of fiscal year 2026, with profit more than doubling to S$197.7 million. This strong performance contributed to a 145% increase in full-year earnings. In response to the robust results, the company's board has proposed a final ordinary dividend of S$0.04 per share. The news was published by The Business Times on May 26, 2026, highlighting the company's substantial growth and shareholder returns.
The Business TimesBoustead more than doubles H2 profit to S$197.7 million
Boustead, a Singapore-based conglomerate, reported a significant surge in its financial performance for the second half of fiscal year 2026, with profit more than doubling to S$197.7 million. Full-year earnings increased by 145%, reflecting strong operational results. In response to the robust earnings, the company's board has proposed a final ordinary dividend of S$0.04 per share. The positive results were published by The Business Times on May 26, 2026, highlighting the company's successful financial year.
The Business TimesBoustead more than doubles H2 profit to S$197.7 million
Boustead, a Singapore-based conglomerate, reported a significant surge in its financial performance for the second half of fiscal year 2026, with profit more than doubling to S$197.7 million. Full-year earnings increased by 145%, reflecting strong operational results across its business segments. In light of the robust performance, the company's board has proposed a final ordinary dividend of S$0.04 per share, rewarding shareholders. The positive results were published by The Business Times on May 26, 2026, highlighting Boustead's successful fiscal year and its commitment to shareholder returns.
The Business TimesBoustead more than doubles H2 profit to S$197.7 million
Boustead, a Singapore-based conglomerate, reported a more than doubling of its second-half profit to S$197.7 million, attributing the growth primarily to the sale of assets to UI Boustead Reit. The strong financial performance was driven by strategic asset divestments, boosting the company's bottom line significantly. The article, published by The Business Times on May 26, 2026, highlights the key role of the real estate investment trust transaction in the profit surge.
The Business Times