{"id":157676,"date":"2026-05-26T05:44:24","date_gmt":"2026-05-26T05:44:24","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/05\/26\/boustead-second-half-results-are-in-the-groups-net-profit-was-s232-6-million-up-145-year-on-year-mainly-due-to-the-sale-of-the-groups-assets-to-ui-boustead-reit-as-well-as-material-im-2\/"},"modified":"2026-05-26T05:56:40","modified_gmt":"2026-05-26T05:56:40","slug":"boustead-second-half-results-are-in-the-groups-net-profit-was-s232-6-million-up-145-year-on-year-mainly-due-to-the-sale-of-the-groups-assets-to-ui-boustead-reit-as-well-as-material-im-2","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/05\/26\/boustead-second-half-results-are-in-the-groups-net-profit-was-s232-6-million-up-145-year-on-year-mainly-due-to-the-sale-of-the-groups-assets-to-ui-boustead-reit-as-well-as-material-im-2\/","title":{"rendered":"Boustead \u2013 Second half results are in. The group&#8217;s net profit was S$232.6 million, up 145% year-on-year, mainly due to the sale of the group&#8217;s assets to UI Boustead REIT, as well as material improvements. Special dividend of 4.5 cents, final dividend of 4 cents. XD 7th August"},"content":{"rendered":"<p>\n<\/p>\n<div>\n<p>Special dividend of 4.5 cents, final dividend of 4 cents. XD 7th August. Highlights for 2026: \u2022 Group net profit was up 145% year-on-year to S$232.6 million, mainly due to the sale of group assets to UI Boustead REIT as well as a material improvement in the loss sharing of associates and joint ventures (on the reversal of a S$7.0 million liability related to a fee charged by a landowner). For the sake of comparison, after adjusting for other profit\/loss and impairment, taking into account all non-controlling interests, net profit for FY2026 would have been 35% lower year-on-year. \u2022 Total revenue was S$624.4 million, up 18% year-on-year, mainly due to significantly higher revenue from the Real Estate Solutions Division and higher revenue from the Energy Engineering Division. \u2022 The Group&#8217;s engineering order backlog currently stands at approximately S$840 million (remaining unrecognized project revenue at end-FY2026 and the aggregate value of new orders received since then), of which under S$94 million<\/p>\n<p>&#8230;<\/p><\/div>\n<p><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&#038;version=v4.0\"><\/script><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&#038;version=v13.0\" nonce=\"3nfhalVK\"><\/script><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_GB\/sdk.js#xfbml=1&#038;version=v13.0\" nonce=\"blyG8KXs\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Special dividend of 4.5 cents, final dividend of 4 cents. XD 7th August. Highlights for 2026: \u2022 Group net profit was up 145% year-on-year to S$232.6 million, mainly due to the sale of group assets to UI Boustead REIT as well as a material improvement in the loss sharing of associates and joint ventures (on<\/p>\n","protected":false},"author":1,"featured_media":151672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[28917,3021,24528,27832,18424,1425,1051,5385,745,18815,8602,375,4325,2404,4640,1740,33473,743,3000,26996],"class_list":["post-157676","post","type-post","status-publish","format-standard","has-post-thumbnail","category-meditation","tag-7th","tag-assets","tag-august","tag-boustead","tag-cents","tag-dividend","tag-due","tag-final","tag-groups","tag-improvements","tag-material","tag-million","tag-net","tag-profit","tag-reit","tag-results","tag-s232-6","tag-sale","tag-special","tag-yearonyear"],"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/157676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=157676"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/157676\/revisions"}],"predecessor-version":[{"id":157697,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/157676\/revisions\/157697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/151672"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=157676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=157676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=157676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}