Monday, May 19, 2014

Fu Yu

Fu Yu: Latest was on 14 May when group announced its 1Q14 results, with net loss of $1.3m from profit of $0.8m a year before, while revenue slumped 12% to $59.5m, due to a reduction in orders from Malaysia. Group cites the competitive industry with over supply issues. Following that on 16 May, Ng Hock Ching acquired 200k shares at $0.088/share through a married deal, raising his stakes from 6.996% to 7.024%.

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