Qian Hu Corporation (BCV) H2 2025 earnings summary

Executive summary

• FY2025 revenue rose 0.7% to $71.9M, led by Fish growth; net loss attributable to shareholders was $751K versus $357K net profit in FY2024.

• FY2025 profitability declined across all segments; stable gross margins, core-business topline growth and improved operational efficiency partly supported performance.

Financial highlights

• FY2025 gross profit increased 1.4% to $25.675M; loss before tax was $379K versus $620K profit in FY2024.

• 2H2025 revenue rose 1.5% to $36.812M and gross profit rose 1.7% to $13.210M; net loss was $782K versus $106K net profit in 2H2024.

Outlook and guidance

• FY2026 priorities include digitalisation, smart farming and Aquaeasy integration; process, data-management and operational-oversight improvements are planned across divisions.

• Management expects a return to profitability in FY2026 despite external challenges, with disciplined cost management and strong risk controls.

• Fish is expected to remain a reliable core business; product selection and farming practices are being adjusted to consumer demand for commonly available essential species.