Boustead group sees return to profitability
KUALA LUMPUR: Boustead Holdings Bhd is optimistic of a return to profitability despite recording a full year loss of almost half a billion ringgit last year, dragged down by its plantation and heavy industry businesses.
Its executive director Datuk Seri Ghazali Mohd Ali notes that Boustead is an asset-rich company which has potential for growth, but the company must continue to reinvent itself.
“What got us here, would not get us there.
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