by millionairemind » Mon Jan 11, 2010 7:41 pm
January 11, 2010, 5.52 pm (Singapore time)
Qian Hu's Q4 net profit up 3.6%
By JOYCE HOOI
Ornamental fish retailer Qian Hu Corporation posted a 3.6 per cent rise in net profit for Q4 FY2009 ended Dec 31, to $1.8 million.
Revenue for the same period rose 4.4 per cent, from $22.9 million to $23.9 million, on the back of growth in sales of the group's ornamental fish.
For the fiscal full year, the group's net profit grew 8.3 per cent to $6.5 million, while revenue grew 1.7 per cent to $94.6 million.
Earnings per share stood at $0.41 and $1.48 for the quarter and year respectively, up from $0.39 and $1.36 from the corresponding periods a year ago.
Qian Hu has proposed a first and final dividend payout of 0.5 cents a share. No dividend was declared the previous year.
The group's counter closed half a cent higher on Monday, at $0.17.
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