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Directors - Boustead Holdings Berhad

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TRADING<br />

DIVISION<br />

54<br />

Bolstered by the performance of its downstream petroleum business, the Trading Division<br />

recorded a pre-tax profit of RM39 million for 2006, representing an impressive increase of<br />

94% over the previous year.<br />

<strong>Boustead</strong> Petroleum Marketing Sdn Bhd, which manages the BHPetrol brand of service<br />

stations, recorded a gross revenue of RM2.66 billion, which translated into a significant<br />

contribution to the Division.<br />

This positive financial result was a reflection of our effective cost management policies,<br />

disciplined capital expansion and a continued focus towards achieving volume growth via<br />

strategic and concerted marketing initiatives since the takeover. Gross revenue recorded<br />

was a 11% jump compared with the previous year.

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