Boustead Singapore's net profit rose significantly by 58% to 59.07 million yuan in the second half of fiscal 2025, but its revenue fell by 42% due to the decline in revenues of the two departments.
Nevertheless, the company plans to pay an annual dividend of 4 cents per share and a special dividend of 2 cents per share.
The company released its second and full-year performance reports for the 2025 fiscal year after the market closed on Monday (May 26). It showed that its net profit rose by 58% in the six-year end of March, mainly due to the decline in income tax expenses and the 29 million yuan earnings earned once. However, some of the net profit increases were offset by higher financing expenses and losses incurred by joint ventures and joint ventures.
Earnings per share was 12.02 points, higher than 7.82 points in the same period last year; the group's net asset value per share was approximately RMB 1.183, an increase of 11.8% year-on-year
Bode Singapore's stock price fell 0.95% to 1.04 yuan on Monday.
However, revenue fell to 231.89 million yuan, due to the decline in revenues of the Real Estate Solutions Department and the Energy Engineering Department.
If we look at the full-year performance, net profit rose 48% to 95.05 million yuan; revenue fell 31% to 527.1 million yuan.
The company will pay a year-end dividend of 4 cents per share and a special dividend of 2 cents per share on September 26, with a total annual dividend of 7.5 cents per share, up from 5.5 cents last year.