InvestIdeas

Just separate the facts from the noise:-

Revenue for the full year was up 1.5 per cent

kennynah wrote:hahaha.....we are still talking about QianHU....whilst, frankly, i.... can tell ya that fella is a friend...i advice u not to Long his company shares

kenny,

care to share why not? is it due to business reasons, or management related reasons?

the business is average, but kenny yap seems like a honest and hardworking guy (based purely on his public persona)

i forgot ...sorry,,,

October 19, 2009, 5.42 pm (Singapore time)

Qian Hu's Q3 net profits rise 9.8%
By TEH SHI NING

Qian Hu has announced a 9.8 per cent rise in its third quarter net profit to $1.7 million, from $1.5 million a year ago.

This increase was helped by continued efforts to widen the reach of its distribution of ornamental fish and related accessories worldwide, the company said.

Its revenue rose 1.1 per cent to $23.9 million for the quarter which ended September 30, from $23.6 million last year.

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.

They took 10 days to prepare their full year accounts? That's simply impressive! Some companies need 45 days and a whole team of accountants just to close the books.

Qian Hu is one of the best in terms of speed, and the mountain load of info that comes with the FInancials. Kudos!*

*P.S. - No comment on the financials though.

Musicwhiz wrote:They took 10 days to prepare their full year accounts? That's simply impressive! Some companies need 45 days and a whole team of accountants just to close the books.

Qian Hu is one of the best in terms of speed, and the mountain load of info that comes with the FInancials. Kudos!*

*P.S. - No comment on the financials though.

i can sense your sarcasm here...

Keke no la, I am not a sarcastic person by nature.

then, it is just 2nd nature...