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Qian Hu barely breaks even in 2015

ORNAMENTAL fish seller Qian Hu Corporation has eked out a net profit of S$19,000 for its financial year ended Dec 31, 2015, 95 per cent lower than S$392,000 a year ago.

Revenue fell 6.7 per cent to S$78 million from S$83.5 million.

For its fourth quarter, the company made a S$198,000 loss, due to falls in operating profit across its fish and accessories segments.

Qian Hu closed trading at S$0.159, down S$0.001, before the results were released.