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Deconsolidation of M'sian unit hits QAF's Q1 gain
Published Tue, May 9, 2017 · 09:50 PM
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Singapore
GARDENIA bread maker QAF on Tuesday reported a 13 per cent drop in net profit to S$14.2 million for its first quarter, as revenue also fell due to the deconsolidation of a Malaysian unit.
For the three months ended March 31, 2017, its revenue fell 15 per cent to S$212.7 million, du…
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