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Fu Yu reports higher 9MFY2024 revenue, narrows net loss to $1.9 mil

Ashley Lo
Ashley Lo • 3 min read
Fu Yu reports higher 9MFY2024 revenue, narrows net loss to $1.9 mil
The group recorded an operating profit of $0.8 million for 9MFY2024, reversing from an operating loss of $6.5 million in 9MFY2023.
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Precision plastics parts maker Fu Yu Corp has recorded a net loss of $1.9 million in 9MFY2024 ended September, after including forex losses and taxation, compared to a net loss of $5.8 million in the same period last year. 

This came on the back of a net loss of $3 from its manufacturing division, which was partially offset by the group’s supply chain management services division’s net profit of $1.1 million.

Meanwhile, the group recorded an operating profit of $0.8 million for 9MFY2024, reversing from an operating loss of $6.5 million in 9MFY2023. 

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