Group revenue for the three months ended June increased by 1.0% to $21.9 million, largely due to a 4.8% decline in accessories sales, affected by customers deferring purchases till after June, the effective date for the abolishment of Goods and Services Tax (GST) in Malaysia.
SINGAPORE (July 16): Qian Hu, the integrated fish service provider, saw 2Q earnings jump nearly sixfold to $146,000 from $25,000 a year ago.
The stronger bottomline was due to continued growth in its fish segment, led by strong sales of dragon fish and the new aquaculture business in China, and higher-margin accessories products.
