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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