Wolf Money(Boustead Singapore FY2023 result)

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Boustead report a 48% increase in net profit for the whole year. There was quite a lot of one off gain boosting this year profit.  Dividend of 2.5c was declared, bring the total dividend to 4c for FY2023. Dividend yield is at 5% base on current price. Order book is strong at $556m and 92m deferred service for geospatial. Earning per share is at 9.44c. Overall the creditable FY2023 performance set a base for the company to do better in FY2024. More commentary in my month end portfolio update. God bless. 


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All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.

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