Boustead Holdings Bhd has registered a pre-tax profit of RM831 million for the financial year ended Dec 31, 2011, a 14per cent jump from RM726.2 million the previous year.
Revenue rose to RM8.555 billion from RM6.181 billion.
In a filing to Bursa Malaysia today, the company said the hike in revenue and profit was mainly due to higher sales volume from its business segments,including 31 per cent increase in revenue for the manufacturing and trading division.
The plantation division's revenue increased by 28 per cent, mainly on stronger palm product prices and better fresh fruit bunches crop. - Bernama
Revenue rose to RM8.555 billion from RM6.181 billion.
In a filing to Bursa Malaysia today, the company said the hike in revenue and profit was mainly due to higher sales volume from its business segments,including 31 per cent increase in revenue for the manufacturing and trading division.
The plantation division's revenue increased by 28 per cent, mainly on stronger palm product prices and better fresh fruit bunches crop. - Bernama
