Boustead Singapore’s net profit rises 48% YoY in H1 despite lower revenue

Revenue fell 20% YoY.

Boustead Singapore's net profit rose 48% YoY to $38.3m in H1 FY 2025 despite reporting lower revenue.

Revenue dropped 20% YoY to $295.2m due to lower contributions from the company's Energy Engineering and Real Estate Solutions divisions.

Higher gross profit, increased interest income, and a reversal of impairment losses contributed to Boustead Singapore’s improved net profit.

With higher net profit, earnings per share rose 34% YoY to $0.075.

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