Thanks to higher sales from both its ornamental fish and edible fish businesses, Qian Hu Corp has reported earnings from this business of $1.3 million for the six months ended June 2021, versus losses of $459,000 in 1HFY2020.
Besides selling fish, Qian Hu sells aquarium accessories as well as plastics too. For the same 1HFY2021, operating earnings from the accessories segment was up 16.5% to $804,000; plastics was down 38.3% to $447,000.
Overall, the company has reported a 19.5% y-o-y increase in revenue to $39.7 million for 1HFY2021. As such, earnings for the same period reached $857,000, versus losses of $525,000 in the year earlier.