Thursday 28 Mar 2024
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SINGAPORE (May 23): Engineering services and geo-spatial technology group Boustead Singapore saw its earnings fall 18% to S$7.5 million for the 4Q ended March, from S$9.2 million a year ago.

This brings full-year earnings down 24% toS $25.4 million in FY18, compared with S$33.3 million a year ago.

The decline was mainly due to the absence of one-off gains.

In FY2017, Boustead recorded sizeable other gains due to a tenant’s early lease termination compensation, and a gain on disposal of...(click on link for full story on theedgesingapore.com)

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