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Qian Hu: Delivers Higher Net Profit In 4Q2017 & FY2017, Forays Into Shrimp Farming & Import/Export Of Edible Fish & Other Seafood Products With Second Farm In Hainan.

12 Jan 2018 17:16

Qian Hu Corporation Limited reported a much higher net profit attributable to shareholders of $126,000 for the fourth quarter ended 31 December 2017. This was achieved on the back of Group revenue reaching $22.0 million, with a 9.2% improvement from its core Fish segment to $8.7 million, while its Accessories segment posted a 6.7% dip to $10.5 million. For the full year, the Group posted higher net profit attributable to shareholders of $329,000 on a 9.1% rise in revenue to $87.8 million. The Directors have proposed a first and final dividend of 0.2 Singapore cents per ordinary share subject to approval at the next Annual General Meeting to be held on 28 March 2018. If approved, the dividend will be disbursed on 25 April 2018...

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Source: ShareInvestor Express