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Qian Hu: 2Q19 Net Profit Up 61.6%, Boosted By Higher-Margin Edible Fish Sales.

17 Jul 2019 17:37

Qian Hu Corporation Limited reported that net profit attributable to shareholders for the second quarter of FY2019 jumped 61.6% to $236,000. This was achieved despite Group revenue declining by 12.5% to $19.2 million, dragged down by lower sales recorded in all of the Group's business segments, namely, Fish, Accessories and Plastics. Net profit attributable to shareholders for the first six months of the year rose 50.8% to $273,000 while Group revenue dipped 12.6% to $38.1 million...

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Source: ShareInvestor Express