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Food company QAF posts 31% jump in Q2 profit on higher sales

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Published Wed, Aug 12, 2015 · 09:50 PM

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Singapore

MULTI-INDUSTRY food company QAF recorded a 31 per cent jump in its second-quarter net profit to S$12.2 million on the back of higher sales, even as the strong Singapore dollar offset part of this.

Revenue for the three months ended June 30, 2015, was marginally lower by S$1.1 million at S$252.5 million.

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