• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Serious Another Sinkie Inc Corporate Disaster - Qianhu

Pinkieslut

Alfrescian
Loyal
Qian Hu Q3 profit plummets 94.6% to S$5,000, even as revenue rises

Kelly Tay
24_27862218 - 04_05_2013 - ycbilingual05.jpg
QIAN Hu Corporation's fish and accessories business segments contributed far less in net profit for the third quarter, weighing down its results.

Net profit plummeted 94.6 per cent to S$5,000 from the previous year, the group said in a Singapore Exchange filing on Monday evening.

Qian Hu said that for its fish business segment - whose profit sank 48.4 per cent to S$164,000 - the slump was the result of a difference in sales mix.

Still, revenue for the three months ended Sept 30, 2016, jumped 10.1 per cent to S$19.6 million from the previous year.

Qian Hu said all of its business segments registered an increase in revenue contribution.

Q3 earnings per share dropped to 0.01 Singapore cent from 0.08 Singapore cent in the previous year.

Net asset value per share was flat at 44.31 Singapore cents as at Sept 30, from 44.31 Singapore cents as at nine months ago.

Qian Hu shares closed 4.44 per cent or 0.4 of a Singapore cent lower on Monday at 8.6 Singapore cents per share.
 

Narong Wongwan

Alfrescian (Inf)
Asset
revenue go up, yet profits sank ... dey muz b feeding 2 many fat cats ...

Kenny Yap the chow Aqua engage auditors to do restructuring. Company very Jialat.
Kenny went to golden mile complex to take illegal loans from ktv bosses
 

batman1

Alfrescian
Loyal
Kenny also appeared in a Chinese documentary on his Thailand adventure and exploit.Saw him once at the basement pub at Golden Mile.He was once a much-sought motivational speaker in seminar/forum.
 

po2wq

Alfrescian (Inf)
Asset
Arrowana is just a LONGKANG fish which Chinese are so stupid just to get their hands on it.

How much does Arrowana cost now ?
u wanna sel sumting u go tel any chinese buy liao can huat n guarantee u wil bcum millionaire ...
 

OrLanChowHorFun

Alfrescian
Loyal
revenue go up, yet profits sank ... dey muz b feeding 2 many fat cats ...


not really..................they could be selling a lot of stuff at break even or loss..............

anyway...........bad news for Qianhu.................makes me velly velly happy..............
 

Hans168

Alfrescian
Loyal
Qian Hu Q3 profit plummets 94.6% to S$5,000, even as revenue rises

Kelly Tay
24_27862218 - 04_05_2013 - ycbilingual05.jpg
QIAN Hu Corporation's fish and accessories business segments contributed far less in net profit for the third quarter, weighing down its results.

Net profit plummeted 94.6 per cent to S$5,000 from the previous year, the group said in a Singapore Exchange filing on Monday evening.

Qian Hu said that for its fish business segment - whose profit sank 48.4 per cent to S$164,000 - the slump was the result of a difference in sales mix.

Still, revenue for the three months ended Sept 30, 2016, jumped 10.1 per cent to S$19.6 million from the previous year.

Qian Hu said all of its business segments registered an increase in revenue contribution.

Q3 earnings per share dropped to 0.01 Singapore cent from 0.08 Singapore cent in the previous year.

Net asset value per share was flat at 44.31 Singapore cents as at Sept 30, from 44.31 Singapore cents as at nine months ago.

Qian Hu shares closed 4.44 per cent or 0.4 of a Singapore cent lower on Monday at 8.6 Singapore cents per share.

It is hit badly by arowana bred in Malaysia selling at fraction of QH's price............ good old days gone
Lohan dead long ago.............. can now breed n sell croc meat still commanding high prices
 

kkbutterfly

Alfrescian
Loyal
why is everthing in sg going wrong?
why?
1)Qian hu
2)fire at jurong and wisma
3) concrete and ceiling collapse here and there
4)sph
5)scraping lrt
6)failing railway signal
7)mbs and rws
8)gdp way way down
9)retrench and retrench
10) more grad cannot lay a job
11)dozen and dozen of malls with empty retail outlets
 

chuachinsengjason

Alfrescian
Loyal
The businesses of the little kings and lords in the CCCs, RCs and other PA organizations
funded by the PAP are still very profitable leh.

It is a striving Ecosystem that feeds on the tax payers money all year round even in recession.
If they need money, these little kings and lords just initiate some projects at a neighborhood near you
and bid for these projects at a higher price and win these done deal projects hands down.

They are surely in control and autonomous.

If their targeted projects get obstructed or faces any obstacles,
mischief by fire may be the order of the day.
 

gongkia

Alfrescian
Loyal
Profit drops could also indicate cash sucked in by business expansion. I saw this Kenny Yap a few times on TV, my impression is he is very how lian kia.
 

JohnTan

Alfrescian (InfP)
Generous Asset
The businesses of the little kings and lords in the CCCs, RCs and other PA organizations
funded by the PAP are still very profitable leh.

It is a striving Ecosystem that feeds on the tax payers money all year round even in recession.
If they need money, these little kings and lords just initiate some projects at a neighborhood near you
and bid for these projects at a higher price and win these done deal projects hands down.

They are surely in control and autonomous.

If their targeted projects get obstructed or faces any obstacles,
mischief by fire may be the order of the day.

Why else do you think I am so heavily involved with grassroots activities?
 

Reddog

Alfrescian
Loyal
Qian Hu Q3 profit plummets 94.6% to S$5,000, even as revenue rises

Kelly Tay
24_27862218 - 04_05_2013 - ycbilingual05.jpg
QIAN Hu Corporation's fish and accessories business segments contributed far less in net profit for the third quarter, weighing down its results.

Net profit plummeted 94.6 per cent to S$5,000 from the previous year, the group said in a Singapore Exchange filing on Monday evening.

Qian Hu said that for its fish business segment - whose profit sank 48.4 per cent to S$164,000 - the slump was the result of a difference in sales mix.

Still, revenue for the three months ended Sept 30, 2016, jumped 10.1 per cent to S$19.6 million from the previous year.

Qian Hu said all of its business segments registered an increase in revenue contribution.

Q3 earnings per share dropped to 0.01 Singapore cent from 0.08 Singapore cent in the previous year.

Net asset value per share was flat at 44.31 Singapore cents as at Sept 30, from 44.31 Singapore cents as at nine months ago.

Qian Hu shares closed 4.44 per cent or 0.4 of a Singapore cent lower on Monday at 8.6 Singapore cents per share.

Never mind. As long as director fees, salaries and bonuses remain consistent then all is well. Indeed that's one main reason to list private family businesses, if possible.
 
Top