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SG Morning Call | Boustead Singapore H2 Profit up 64% to S$37.3M; Yangzijiang Shipbuilding’s Order Book Swells to Record US$16.1B
@TigerNews_SG:SG Local News Boustead Singapore H2 Profit up 64% to S$37.3 Million on Improved Revenue Boustead Singapore posted a 64% rise in profit attributable to equity holders in the fiscal second half mainly due to higher gross profit and interest income, and increased average shareholding in Boustead Projects, according to a Monday filing with the Singapore Exchange. The engineering services company's attributable profit rose to SG$37.3 million, or SG$0.0782 per share, from SG$22.7 million, or SG$0.0475 per share, a year earlier. Revenue for the six months ended March 31 climbed 27% year over year to SG$399.6 million from SG$314.8 million, thanks to higher revenue contributions from the geospatial, real estate solutions, and energy engineering segments, the filing said. Yangzijiang Shipbuilding’s Order Book Swells to Record US$16.1 Billion MARITIME vessel maker Yangzijiang Shipbuilding : BS6’s order book now stands at a record value of US$16.1 billion as at May 24. The mainboard-listed shipbuilder said in a quarterly business update on Monday (May 27) that it now has 193 vessels in its backlog to be delivered by 2028, with a total compensated gross tonnage of 7.45 million. Container ships made up the largest number (66 vessels with a value of US$9.3 billion) followed by oil tankers (58 vessels, US$2.8 billion), then bulk carriers (47 vessels, US$1.9 billion) and finally gas and ethane carriers (22 vessels, US$2.1 billion). Ley Choon Group H2 Profit Rises to S$5.5 Million, Declares First Dividend Since 2014 ROAD works construction company Ley Choon Group : Q0X on Monday (May 27) reported a net profit from continuing operations of S$5.5 million for the second half ended Mar 31, up 18.4 per cent from S$4.7 million year on year. This translates to an earnings per share (EPS) from continuing operations of S$0.00367, compared to S$0.0031 in H2 FY2023. Including discontinued operations, net profit for the half-year was 21 per cent higher at S$5.5 million, from S$4.6 million. $(STI.SI)$ $(F9D.SI)$ $(BS6.SI)$ $(Q0X.SI)$
SG Morning Call | Boustead Singapore H2 Profit up 64% to S$37.3M; Yangzijiang Shipbuilding’s Order Book Swells to Record US$16.1BDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.