Part 2 of my Boustead’s FY 2011 analysis will touch on divisional analysis, and will also provide some insights into Boustead’s varied divisions and talk about the prospects and plans for each. I guess I have probably done this about three times already in the past, but please bear with me as I feel that this is an essential part of the analysis as it seeks to break down the financial results into divisions; and for Boustead its divisions are so diverse that each should be scrutinized on its own merits. I will do the usual divisional breakdown analysis, as well as the margin analysis for each division; and add in my own comments and views.
Divisional Revenues Breakdown and Analysis
Glancing at the table above, it can be seen that Boustead had managed to grow revenue for Engineering Services to new heights, as a result of steady oil prices ......