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Fu Yu achieved turnaround in 3QFY2025, recorded net profit of $2.4 million

Teo Zheng Long
Teo Zheng Long • 2 min read
Fu Yu achieved turnaround in 3QFY2025, recorded net profit of $2.4 million
Looking ahead, Fu Yu is closely monitoring the impact of new tariffs proposed by the US Government on exports from China. Photo: Fu Yu Corp
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Fu Yu Corporation (Fu Yu) has reported a net profit of $2.4 million for 3QFY2025, sharply reversing a net loss of $2.6 million a year ago on the back of higher revenue.

In the news release dated Oct 29, revenue from its core manufacturing segment in 3QFY2025 climbed 2% y-o-y to $31.2 million, mainly attributable to higher orders from existing customers in Singapore.

Meanwhile, gross profit increased 61.1% y-o-y to $5.8 million in 3QFY2025, mainly due to higher revenue achieved in the same period.

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