Brief: Boustead Projects Posts H2 Profit Attributable S$12.6 Million
06/07/2020 15:01
July 6 (Reuters) - Boustead Projects Ltd BOUS.SI :
* H2 PROFIT ATTRIBUTABLE S$12.6 MILLION VERSUS S$12.5
MILLION
* H2 REVENUE S$269.5 MILLION VERSUS S$140.0 MILLION
* PROPOSING FINAL ORDINARY DIVIDEND OF 0.8 SINGAPORE CENTS
PER
SHARE
* PROSPECTS & FINANCIAL PERFORMANCE FOR FY2021 EXPECTED TO
BE
MATERIALLY LOWER THAN FY2020
* IMPLEMENTED A SALARY INCREMENT FREEZE FOR ITS ENTIRE TEAM
IN MAY
* IMPLEMENTED A REDUCTION IN DIRECTOR FEES & A BASE SALARY
CUT FOR
ITS SENIOR MANAGEMENT FOR REST OF FY2021
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ4rH8cc
Further company coverage: BOUS.SI
(Reuters.Briefs@thomsonreuters.com)
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