Wolf Money(Boustead Project FY2023 result)

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Boustead Project put in a reasonable showing for FY 2023. Profit was up 62%. The increase profitability was boosted by one off gain due to selling a Vietnam subsidiary into a JV. The company is sanguine about prospect in 2024. They are also looking forward to having more development project. Overall I think it is a good result. More commentary in my month end portfolio update. God bless.


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