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Boustead Singapore Ltd Issues FY 2014 Profit Guidance Above Analysts' Estimates; Does Not Declare Dividend

Tuesday, 13 Aug 2013 07:21am EDT 

Boustead Singapore Ltd announced that for fiscal 2014, it expects profits to remain satisfactory but unlikely to match the record level achieved in fiscal 2013. The Company reported net income of SGD81.36 million in fiscal 2013. According to I/B/E/S estimates, analysts were expecting the Company to net income of SGD66.50 million for fiscal 2014. The Company also announced that no dividend has been declared or recommended for the first quarter of fiscal 2014. 

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