CHIEF Financial OFFICER’S STATEMENT Dear Shareholder, Boustead Plantations Berhad experienced a challenging year in 2023, navigating a landscape marked by fluctuating market conditions and operational hurdles. Despite these challenges, we were able to close the year profitably, with a profit before taxation and zakat of RM71 million. The reduction compared with 2022 was largely due to a decrease in revenue. Notably, the gains on disposal of plantation assets, which in 2022 totalled RM459 million, were not repeated in 2023. Mohamad Mahazir Mustaffa Chief Financial Officer General view of BPlant’s plantation Boustead Plantations Berhad 032
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