Boustead - 2nd Half results is out.Net profit for the Group was 145% higher year-on-year at S$232.6 million, mainly due to the sale of the Group’s assets to UI Boustead REIT, as well as material improvement. Special dividend of 4.5 cents pkus final dividend of 4 cents. XD 7 August

She is getting weaker each day. She may go below 2.00 and slide further downward to 1.80 than 1.70. Pls dyodd. 

The market doesn't seem to like the latest set of financial numbers. The price Gapped down drastically from 2.64 to close at 2.19. The chart is more or less damaged. The uptrend is over. She may go down to test 2.00. If 2.00 cannot hold,  she may likely go down to revisit 1.70-1.80. Pls dyodd. 

Special dividend of 4.5 cents pkus final dividend of 4 cents. XD 7 August 

2026 Highlights:

• Net profit for the Group was 145% higher year-on-year at S$232.6 million, mainly due to the 

sale of the Group’s assets to UI Boustead REIT, as well as material improvement in share of 

loss of associates and joint ventures (upon reversal of a S$7.0 million liability related to a fee 

imposed by a landowner). For a comparative review, after adjusting for other gains/losses and 

impairments, all net of non-controlling interests, net profit for FY2026 would have been 35%

lower year-on-year.

• Overall revenue was 18% higher year-on-year at S$624.4 million, mainly due to significantly 

higher revenue from the Real Estate Solutions Division and higher revenue from the Energy 

Engineering Division.

• The Group’s engineering order backlog is currently approximately S$840 million (unrecognised 

project revenue remaining at the end of FY2026 plus the total value of new orders secured 

since then), of which S$94 million is under the Energy Engineering Division and S$746 million

is under the Real Estate Solutions Division.