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Has Fu Yu Corp's revenue decline bottomed out?

Stanislaus Jude Chan
Stanislaus Jude Chan5/16/2018 01:27 PM GMT+08  • 2 min read
Has Fu Yu Corp's revenue decline bottomed out?
SINGAPORE (May 16): RHB Research is keeping its “neutral” call on Fu Yu Corporation and lowering its target price to 20 cents, from 23 cents previously.
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SINGAPORE (May 16): RHB Research is keeping its “neutral” call on Fu Yu Corporation and lowering its target price to 20 cents, from 23 cents previously.

This comes despite Fu Yu posting a 3.2% rise in earnings to $0.5 million for the 1Q ended March, as revenue grew 3.6% to $46.4 million on higher sales from its Singapore and Malaysia operations.


See: Fu Yu Corp posts 3.2% rise in 1Q earnings to $0.5 mil

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