Fu Yu Corp. Swings to Attributable Loss in H1; Shares Down 3%

MT Newswires
Aug 11

Fu Yu Corp. (SGX:F13) swung to an attributable loss of SG$9.6 million during the first half of the year from an attributable profit of SG$72,000 a year earlier, according to a Friday filing with the Singapore Exchange.

Shares of the company were down nearly 3% in recent trading.

Loss per share came in at SG$0.0128 compared with earnings per share of SG$0.0005 in the comparable period.

Revenue was up 10% year over year to SG$60.5 million from SG$54.8 million, as revenue from the manufacturing business increased.

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