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Higher margins lift Qian Hu's Q3 profit

Firm's earnings rise 17.7%; revenue falls 12.8%, which it blames on uncertainties in eurozone

ORNAMENTAL fish seller Qian Hu Corporation on Tuesday said it expects to make a loss for its fourth quarter ended Dec 31, 2015.


HIGHER margins for its fish exports and the stabilisation of plastics prices helped lift third-quarter earnings of ornamental fish retailer Qian Hu despite a drop in turnover.

Net profit for the three months ended Sept 30 jumped 17.7 per cent from the previous year to S$...

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