--- title: "Fu Yu Group turned a profit in the second half of the 2025 fiscal year, achieving a net profit of 1.42 million yuan | Lianhe Zaobao" type: "News" locale: "en" url: "https://longbridge.com/en/news/277313265.md" description: "Fu Yu Corporation achieved a net profit of 1.42 million yuan in the second half of the fiscal year 2025, an improvement compared to a net loss of 4.55 million yuan in the same period last year. However, the annual net loss was 8.14 million yuan, an increase of 81.7% compared to a net loss of 4.48 million yuan in the previous year. Revenue in the second half decreased by 3.6% to 62.2 million yuan, and annual revenue fell by 35.9% year-on-year to 122.7 million yuan, mainly due to a decrease in supply chain management service revenue. The group stated that the increase in annual losses was mainly due to factors such as professional service fees, foreign exchange losses, and costs related to factory closures" datetime: "2026-02-28T15:02:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277313265.md) - [en](https://longbridge.com/en/news/277313265.md) - [zh-HK](https://longbridge.com/zh-HK/news/277313265.md) --- # Fu Yu Group turned a profit in the second half of the 2025 fiscal year, achieving a net profit of 1.42 million yuan | Lianhe Zaobao Fu Yu Corporation turned from a loss to a profit in the second half of the 2025 fiscal year, achieving a net profit of 1.42 million yuan, compared to a net loss of 4.55 million yuan in the same period last fiscal year. However, for the entire year, the group reported a net loss of 8.14 million yuan, an increase of 81.7% compared to a net loss of 4.48 million yuan in the previous fiscal year. Fu Yu Corporation announced its half-year and full-year results for the period ending last year on Saturday (February 28), stating that revenue in the second half of the year decreased by 3.6%, totaling 62.2 million yuan. This decline was mainly due to the cessation of all business activities by Fu Yu Supply Chain Company in the last quarter of the 2024 fiscal year, resulting in a lack of revenue contribution from supply chain management services. Annual revenue decreased by 35.9% year-on-year to 122.7 million yuan, also primarily due to the lack of revenue contribution from supply chain management services. The group's continuing operations achieved a net profit of 2.2 million yuan in the second half of 2025, while the same period in 2024 saw a net loss of 85.4 million yuan. The net loss for the entire year from continuing operations was 7.6 million yuan, compared to a net loss of 1.2 million yuan in the 2024 fiscal year. The group stated that the increase in the annual net loss was mainly due to a one-time professional service fee of 2.6 million yuan, foreign exchange losses of 2.5 million yuan, costs related to the closure of the Fu Yu Zhuhai factory, provisions for bad debts, and provisions for obsolete inventory. The group's earnings per share in the second half of the year were 0.29 cents, with a net asset value per share of 16.82 cents as of the end of last year. #### Extended Reading Fu Yu Corporation: Received two compensation letters from dismissed CEO Xiao Junhao Securities and Futures Commission questions Fu Yu Corporation on inconsistencies in annual report data Fu Yu Group dismissed CEO David Seow Jun Hao at the end of October last year, mainly due to his serious breaches and misconduct. The group stated that it has established a new operations committee responsible for overseeing all operational matters of the group. In February this year, the group appointed Lim Wei De as the managing director, responsible for strategic planning and daily operations management. The group has initiated an internal review of its business and operations, focusing on improving operational efficiency through reducing material waste, lowering production losses, optimizing cost structures, expanding customer bases, and streamlining approval processes. Fu Yu Group rose 1% to SGD 0.101 on Friday ### Related Stocks - [F13.SG](https://longbridge.com/en/quote/F13.SG.md) ## Related News & Research - [VIAVI Announces Date for Fiscal Third Quarter 2026 Financial Results | VIAV Stock News](https://longbridge.com/en/news/282895689.md) - [Giken Issues Cautionary Notes with First-Half FY2026 Results Overview](https://longbridge.com/en/news/282302943.md) - [Emkay Global Financial Services Remains a Sell on ABB India Limited (ABB)](https://longbridge.com/en/news/282957436.md) - [Equity Residential On April 13, Entered Into Settlement Agreement With The Named Plaintiffs In The Class Action Litigation](https://longbridge.com/en/news/282903175.md) - [06:30 ETPowerChampions of Greenville Launches Dedicated Generator & Backup Power Services for the Upstate](https://longbridge.com/en/news/282672725.md)