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Fu Yu earnings fall 59.7% to $1.3 mil in 1H

Stanislaus Jude Chan
Stanislaus Jude Chan8/14/2017 10:46 AM GMT+08  • 1 min read
Fu Yu earnings fall 59.7% to $1.3 mil in 1H
SINGAPORE (Aug 11): Fu Yu Corporation posts a 59.7% decline in earnings to $1.3 million for the 1H ended June, from $3.1 million a year ago.
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SINGAPORE (Aug 11): Fu Yu Corporation posts a 59.7% decline in earnings to $1.3 million for the 1H ended June, from $3.1 million a year ago.

Revenue fell 9.8% to $92.0 million in 1H17, from $102.0 million a year ago.

This was attributed mainly to lower revenue from its Malaysia and China segments, which fell 24.3% and 8.4%, respectively.

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