KUALA LUMPUR, May 21, 2009 – Al-Hadharah Boustead REIT (Al-Hadharah REIT), the only Islamic plantation REIT in the nation is on track with a positive performance in the first quarter ending 31 March 2009. The Al-Hadharah REIT recorded a profit after tax of RM20 million representing an increase of 17% compared with last year’s result…
KUALA LUMPUR, May 18, 2009 – In spite of the global economic turmoil, Boustead Holdings Berhad (Boustead) is declaring a dividend of 5 sen or 10% for its first quarter ended 31 March 2009. This is a testament of the Group’s commitment to its shareholders even with uncertainties prevailing in the economy. For its quarter…
KUALA LUMPUR, April 2, 2009 – Having completed sterling results in the challenging financial year of 2008, Boustead Holdings Berhad, (Boustead Group) is positive on its outlook for 2009 despite trying market conditions. For its just concluded financial year, the Group recorded a profit after tax of RM668 million for the year ended 31 December…
KUALA LUMPUR, March 31, 2009 – Boustead Heavy Industries Corporation Berhad (BHIC) has clearly proven it is on track to expand its horizons with a turnover of RM496 million, a significant 324% compared with RM117 registered last year. This commendable four-fold increase in revenue was mainly due to lower progress billings from its shipbuilding contracts.…
KUALA LUMPUR, February 26, 2009 – Boustead Holdings Berhad’s (Boustead) focused approach of building on the strengths of its core Divisions proved to be a solid strategy as the Group’s profit after tax increased to RM668 million compared with RM655 million recorded last year. Profit attributable to shareholders also registered a significant jump to RM579…
KUALA LUMPUR, January 30, 2009 – The Al-Hadharah Boustead REIT (Al-Hadharah REIT) delivered a strong performance in its second financial year ending 31 December 2008 achieving a realised profit of RM64 million compared with last year’s RM52 million. This was achieved on the back of a revenue of RM68 million against last year’s RM55 million.…
KUALA LUMPUR, November 7, 2008 – Al-Hadharah Boustead REIT (Al-Hadharah REIT or the Fund), one of the larger and more successful REITs is on track with a strong performance for its nine month period ended 30 September 2008. The REIT recorded a cumulative unaudited net income after tax of RM50 million compared with RM36 million…
KUALA LUMPUR, September 3, 2008 – The capabilities and expertise of the Malaysian maritime industry can be further enhanced via strategic alliances and collaborative efforts amongst industry participants. One such strategic alliance was sealed today with the signing of a contract between Boustead Penang Shipyard Sdn Bhd, a wholly-owned subsidiary of Boustead Heavy Industries Corporation…
KUALA LUMPUR , August 19, 2008 – Amidst global uncertainty, rising cost and depressed market sentiments, Boustead Holdings Berhad (BHB) has done it again. For the first half of its financial year ended 30 June 2008, the Group posted an unaudited profit before tax of RM450 million on the back of a turnover of RM3.9…
KUALA LUMPUR, August 12, 2008 – Boustead Heavy Industries Corporation Berhad (BHIC) continues to deliver significantly improved performance in its current financial year. For the second quarter ended June 30, 2008, the Group recorded a profit after tax of RM35.4 million on the back of a turnover of RM111.4 million. This marks an increase of…