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

Stanislaus Jude Chan
Stanislaus Jude Chan5/14/2018 07:44 PM GMT+08  • 1 min read
Fu Yu Corp posts 3.2% rise in 1Q earnings to $0.5 mil
SINGAPORE (May 14): Fu Yu Corporation posts a 3.2% rise in earnings to $0.55 million for the 1Q ended March, from $0.53 million a year ago.
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SINGAPORE (May 14): Fu Yu Corporation posts a 3.2% rise in earnings to $0.55 million for the 1Q ended March, from $0.53 million a year ago.

1Q18 revenue grew 3.6% to $46.4 million, from $44.7 million a year ago, driven mainly by higher sales from its Singapore and Malaysia operations.

Singapore revenue rose 10.1% to $10.9 million on higher sales of products in the printing & imaging segment, while Malaysia revenue climbed 15.1% to $8.4 million on higher orders of products in the medical segment.

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