Qian Hu

Re: Qian Hu

Postby Musicwhiz » Tue Jan 12, 2010 12:09 am

kennynah wrote:then, it is just 2nd nature... 8-)


Ok you got me! Sometimes if I am in the mood I can get quite sarcastic and biting. :oops:
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Re: Qian Hu

Postby kennynah » Tue Jan 12, 2010 12:11 am

i dont blame you...when especially caustic remarks are made of qian hu...
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Re: Qian Hu

Postby millionairemind » Tue Jul 20, 2010 6:09 am

Published July 20, 2010

Qian Hu Q2 net profit plunges 42.9%


By RACHEL SIM

ORNAMENTAL fish breeder Qian Hu Corporation has posted a 42.9 per cent drop in second-quarter net profit to $950,000 from a year back - hit by air-traffic disruption in Europe, the World Cup in South Africa, unrest in Thailand and bad weather in Malaysia.

Mr Yap: The air-traffic disruption in Europe, political turmoil in Bangkok and the World Cup are one-off events that will not dampen the group's profitability for the full year of 2010

Group revenue for the three months ended June 30 fell 4.1 per cent to $22.7 million.

Q2 earnings per share sank to 0.21 cent from 0.39 cent a year earlier.

For the quarter, sales of ornamental fish slid 5.6 per cent year on year to $11.3 million, with the World Cup from June 11 dampening demand and unstable weather in Malaysia affecting Dragon fish fry production.

Accessories revenue fell 6.3 per cent to $8.6 million from the year before, as political unrest halted Qian Hu's wholesale and retail activity in Bangkok and exports from its Guangzhou factory in China slowed during the World Cup.

But efforts to expand the group's customer base and product offerings paid off, with sales from plastics activities growing 10.4 per cent to $2.8 million.

'Thankfully, the triple whammy impact of air-traffic disruption in Europe, political turmoil in Bangkok and the World Cup are over,' said executive director Kenny Yap.

'We see these as one-off, unforeseen incidences that will not dampen the group's profitability for the full year of 2010.

'Though I am not pleased to announce this quarter's results, we expect the second half of the year to be better than the first half.'

For the first six months, revenue dipped 1.9 per cent to $45.97 million while net profit dropped 22.9 per cent to $2.36 million.

Cash and cash equivalents grew 12.6 per cent, from $7.8 million at June 30, 2009, to about $8.8 million at June 30, 2010. And the group's debt-to-equity ratio dropped to 0.48 from 0.50 six months earlier.

No interim dividend has been recommended.

Qian Hu's share price closed half a cent higher at 13.5 cents yesterday
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Re: Qian Hu

Postby kennynah » Tue Jul 20, 2010 6:51 am

I prefer to buy 10% private shares of a local unlisted kopitiam...
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Re: Qian Hu

Postby Aspellian » Tue Jul 20, 2010 11:11 am

"For the quarter, sales of ornamental fish slid 5.6 per cent year on year to $11.3 million, with the World Cup from June 11 dampening demand and unstable weather in Malaysia affecting Dragon fish fry production."


Not sure whether the recent record downpour affects the fishing farms or not.... remembered a old drama serial starring Li NanXing who is a fish/prawn farmer who battled against the elements to save his brood of fish fry. :(

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Re: Qian Hu

Postby kennynah » Tue Jul 20, 2010 11:18 am

becos of WC...we had more floods...
becos of WC... sales of bak gwa went up
bcos of WC.... more babies were conceived
becos of WC....more couples brokeup...
becos of WC...ah long's business bloomed
bcos of WC.... beauty salons has more customers



sure...we have plenty of events we can attribute to WC.... sure....
sales of ornamental fish slid 5.6 per cent year on year to $11.3 million, with the World Cup from June 11 dampening demand
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Re: Qian Hu

Postby winston » Thu Jan 12, 2012 8:45 am

not vested.

Singapore ornamental fish company Qian Hu said its fourth-quarter net profit rose 40 percent from a year earlier to S$886,000 ($685,300) despite lower revenue, helped by the gains from selling its Guangzhou factory.

Source: Reuters
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Re: Qian Hu

Postby kennynah » Thu Jan 12, 2012 4:43 pm

Selling guppies can survive until today ah.
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Re: Qian Hu

Postby winston » Sun Jan 13, 2013 12:35 pm

not vested

Qian Hu posts FY2012 loss of S$9.14m By Carine Lee

QIAN Hu Corporation sank into the red in the fiscal fourth quarter and financial year that ended on Dec 31.

The integrated ornamental fish service provider on Friday posted a loss of S$49,000 in the last quarter of the year, on turnover of S$19.83 million.

A year ago, it had made a profit of S$886,000 on revenue of S$19.32 million for the fiscal fourth quarter.

Full-year losses amounted to S$9.14 million, with revenue coming in at S$84.44 million.


Source: Business Times
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Re: Qian Hu

Postby behappyalways » Mon Sep 15, 2014 3:16 pm

not vested


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http://www.bbc.com/news/business-29181701
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