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Qian Hu reverses from year earlier loss

The Edge Singapore
The Edge Singapore  • 1 min read
Qian Hu reverses from year earlier loss
Photo: Albert Chua
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Qian Hu Corp has become the first company with a December year end to announce its FY2024 results, with earnings of $357,000, reversing from a loss of $9.3 million in the preceding FY2023. Revenue in the same period was up 1.6% y-o-y to $71.4 million.

Higher revenue in its fish and plastics segments were offset by lower sales in its accessories unit.

The company plans to pay a first and final dividend of 0.4 cents.

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