Qian Hu FY26 H1 net profit drops 96.4% to S$1,100; sales rise 3.7% to S$36.37 million

Reuters2026/07/24 09:31

By:Reuters

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Qian Hu posts 1H2026 sales up 3.7% to SGD 36.37 million; gross profit climbs 7.6% to SGD 13.41 million.
Pretax profit rises 8.1% to SGD 206,000, while net profit attributable to shareholders turns to SGD 1,100 from SGD 31,000.
Fish segment pretax profit drops 23.5% to SGD 976,000 due to post-acquisition investments in AquaEasy; plastics pretax profit rises 33.9% to SGD 487,000.
Cash stays at SGD 13.5 million; net asset value per share stands at 33.74 Singapore cents as of June 30.
Sees FY2026 remaining profitable, with growth drivers including AquaEasy commercialization, Natureal expansion, and regional aquaculture and seafood supply-chain projects.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Qian Hu Corporation Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 56NW2P5HOMWUIKRS) on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Qian Hu FY26 H1 net profit drops 96.4% to S$1,100; sales rise 3.7% to S$36.37 million

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