Part 2 of my analysis of Boustead will focus on their revenues by division and also each division’s PBT margins. Boustead has now provided shareholders with the breakdown of PBT by division and how each division is doing in terms of profitability; which is good because it helps us to evaluate how well each division is doing in terms of profitability and not just based on growth in revenues. Efficiency is an important aspect of a company though it often escapes notice; and some companies do not stress enough on profitability but tend to harp too much on revenue growth alone, which I feel is totally missing the point.