Meanwhile, its accessories business was affected by the weakening and conservative purchasing sentiments experienced globally. The group’s customers grew to be more vigilant in their procurement requirements due to trade disruptions, geopolitical tensions and economic uncertainties during the current period.
Mainboard-listed integrated fish service provider Qian Hu Corporation (SGX:BCV
) has reported net profit attributable to shareholders for 1HFY2023 ended June of $29,749, down 96.4% y-o-y.
This was on the back of a 9.9% decline in group revenue to $34.3 million, as it continues to be impacted by the Russia-Ukraine conflict and geopolitical landscape which dampened demand for its fish segment.
