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Fu Yu Corporation Limited ( (SG:F13) ) has provided an update.
Fu Yu Corporation Limited has secured contracts worth over S$20 million, contributing to a 10.4% increase in manufacturing revenue to S$60.5 million in the first half of 2025. The company is consolidating its operations in China by winding down its Zhuhai facility, aiming for long-term cost savings. Despite a decrease in gross profit margin and a net loss, Fu Yu is actively working to reduce operating costs and improve margins while maintaining momentum in acquiring new customers.
More about Fu Yu Corporation Limited
Fu Yu Corporation Limited operates in the manufacturing industry, focusing on tooling and moulding projects. It has a significant presence in Malaysia, China, and Singapore, with a market focus on securing contracts for export tooling and consolidating manufacturing operations.
Average Trading Volume: 636,203
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$80.01M
For detailed information about F13 stock, go to TipRanks’ Stock Analysis page.