Directors - Boustead Holdings Berhad
Directors - Boustead Holdings Berhad
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.