Qian Hu FY26 H1 net profit drops 96.4% to S$1,100; revenue rises 3.7% to S$36.37 million
Reuters2026/07/24 09:31By:Reuters
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- Qian Hu 1H FY2026 revenue rose 3.7% to S$36.37 million; profit before tax increased 8.1% to S$206,000.
- Gross profit climbed 7.6% to S$13.41 million; net profit attributable to owners fell 96.4% to S$1,100.
- Fish segment pre-tax profit dropped 23.5% to S$976,000 on planned AquaEasy investments; Plastics rose 33.9% to S$487,000 on improved margins.
- Launched iFeeder 2.0, an AI-powered precision feeding solution, with commercial deployment starting at selected shrimp farms amid customer trials.
- Guidance maintained for profitability in FY2026, supported by core businesses, operational improvements, and initiatives including AquaEasy and Natureal.
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.
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