With air cargo capacity curbed, Qian Hu was curtailed in how much it can export. For the six months, its revenue from fish dropped by 25.7% to $11.9 million.
SINGAPORE (July 17): Fish farmer Qian Hu Corporation has reported a net loss of $525,000 for 1HFY2020 ended 30 June 2020, compared to earnings of $273,00 from the year earlier.
In the same period, its revenue dropped by 12.7% y-o-y to $33.2 million, as its supply chains were hit by the Covid-19 outbreak, thereby affecting the export of both its ornamental and edible fish.
