Qian Hu Corporation

Qian Hu’s executive chairman Kenny Yap to retire end-FY2024 - THE EDGE SINGAPORE

New appointments

Qian Hu’s executive chairman Kenny Yap to retire end-FY2024

He is set to be replaced by CEO Yap Kok Cheng, with effect from Jan 1, 2025.
Qian Hu records a net profit of $251,000 for 1HFY2024 ended June, up 742.2% y-o-y - THE EDGE SINGAPORE

Results

Qian Hu records a net profit of $251,000 for 1HFY2024 ended June, up 742.2% y-o-y

The group says this was achieved from all-round improvements in sales of fish, accessories and plastics business.

Company in the news

Qian Hu proposes acquisition of Selangor property for RM14.5 mil

Qian Hu intends to relocate and consolidate its Malaysian wholesale and distribution business activities at the Selangor property.
The not-so-secret pet economy - THE EDGE SINGAPORE

Pet economy

The not-so-secret pet economy

The cat’s out of the bag: VCs and savvy investors have uncovered the next booming market - the business of pampering pets.

Results

Qian Hu reports $9.3 mil net loss for FY2023

This was largely due to a $7.4 million loss on disposal of a substantial portion of the company'ss Asian Arowana broodstock.

Results

Qian Hu issues FY2023 profit warning

The company expects to report a net loss for the FY2023 ending Dec 31.

Results

Qian Hu posts 96.4% decline in 1HFY2023 earnings to $29,749

Russia-Ukraine conflict and geopolictical uncertainties continue to dampen Qian Hu's results.

Results

Qian Hu FY2022 net profit declines 18.6% y-o-y to $1.4 million

“Looking ahead, we will explore more opportunities to expand the trading of seafood aquaculture products in Southeast Asia.”

Results

Qian Hu reports 4.8% lower earnings of $816,000 for 1HFY2022

Barring unforeseen circumstances, Qian Hu expects its revenue to grow while achieving profitability in the second half of FY2022.

Deals, joint ventures & alliances

Qian Hu invests $1 mil in aquaculture technology

Qian Hu has entered into a $1 million unsecured convertible loan agreement with AquaEasy.
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