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Fu Yu Corporation
Corporate moves
Fu Yu Corp retools itself; eyes biomedical sector
“You can have a strategy, but culture eats strategy for breakfast," says Fu Yu Corporation CEO David Seow.
November 30, 2023
Results
Fu Yu Corporation reports net loss of $3.9 mil for 1HFY2023 amid slower demand
Shares in Fu Yu closed 0.4 cents lower or 2.5% down at 15.6 cents on Aug 10.
August 10, 2023
Broker's Calls
Analysts keep 'overweight' call on tech sector despite potential headwinds
Analysts from RHB Group Research and UOB Kay Hian take a closer look at Singapore's tech sector ahead of its 2QFY2022 results.
July 22, 2022
Results
Fu Yu Corp reports 17.6% higher net profit of $6 mil in 1QFY2022
During the quarter, revenue of $85.6 million for the 1QFY2022 ended March, 146.7% higher y-o-y.
May 12, 2022
Broker's Calls
RHB downgrades Fu Yu on supply disruptions, power shutdowns in China
“We expect margins to likely remain weak for the next few quarters and revenue to stay low."
November 18, 2021
Broker's Calls
Fu Yu Corp's special dividend in 1H21 is 'key highlight' in 1H21 results: CGS-CIMB
The counter is currently the highest dividend-yielding stock for the brokerage in FY2021.
August 26, 2021
Broker's Calls
DBS maintains 'buy' call and 40 cents on Fu Yu following Avantgarde Enterprise
The acquisition will help diversify its core business.
July 19, 2021
Broker's Calls
DBS remains positive on Fu Yu Corp's margin expansion and higher production, ups TP to 40 cents
The analysts say they are expecting Fu Yu's core earnings to increase in the FY2021.
May 14, 2021
Results
Fu Yu Corp reports y-o-y stable revenue of $34.7 mil in 1Q21; higher gross profit of $8.5 mil
Shares in Fu Yu closed flat at 32 cents on May 7.
May 07, 2021
Broker's Calls
RHB stays 'overweight' on small-mid caps, picks Food Empire and HRnet among recovery plays
Other picks include Frencken Group and Fu Yu Corp on the positive outlook for the semiconductor industry.
March 30, 2021