Summary:

• Qian Hu posted a FY2025 net loss attributable to shareholders of about S$751,000, reversing from a net profit of S$357,000 in FY2024.

• Full-year revenue inched up 0.7% to S$71.9 million, powered by a 4.5% rise in Fish sales that offset softer Accessories and Plastics turnover.

• The Board is not recommending a final dividend for FY2025, prioritising cash conservation for lease renewals, digitalisation and smart farming investments, including the Aquaeasy AI/IoT aquaculture platform.

• Management expects a return to profitability in FY2026, supported by efficiency gains, tech-enabled aquaculture and disciplined cost control despite a challenging macro backdrop.

Link:

• https://links.sgx.com/1.0.0/corporate-announcements/SW9GZDZRWBGIW7ON/ee7b1ea611efcdf9cddaa383749e0df928f0bdffcda194a15078e04cceecac3f

• https://links.sgx.com/1.0.0/corporate-announcements/SW9GZDZRWBGIW7ON/872231_Qian%20Hu%20FY2025.pdf

• https://links.sgx.com/1.0.0/corporate-announcements/SW9GZDZRWBGIW7ON/872232_PressReleaseEnglish.pdf

• https://links.sgx.com/1.0.0/corporate-announcements/SW9GZDZRWBGIW7ON/872233_PressReleaseChinese.pdf