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AAP
AAP
Business
Jacob Shteyman

EXPLAINED: Boral posts solid result under new ceo bansal - The Real Truth

Construction materials manufacturer Boral has reported a rise in profits under its new CEO. (Dan Peled/AAP PHOTOS) (AAP)

Construction materials manufacturer Boral has delighted investors with bumper profits in its first reporting period under new CEO Vik Bansal.

Boral's share price shot up 11 per cent by noon on Wednesday after the company reported net profit after tax rose 53 per cent to $57 million for the six months to December 31.

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