QAF ltd
QAF expects ‘material reduction’ in net profit for H1 2025
Business performance is affected by increased operating costs, unfavourable foreign exchange movements, and a higher non-cash impairment of its investment in its joint venture
QAF lifts guidance for FY2024
Improvement is attributed to better business performance and lower non-cash impairments of joint venture
QAF to book RM22 million of insurance payout as exceptional gain
Including the latest payment, it received total payouts of about RM131 million for a factory affected by flooding
QAF H1 profit rises 154% to S$12.5 million
This is mainly due to a lower income tax expense, on top of a higher revenue
QAF profit rises 101% to S$22.6m in H2
MAINBOARD-LISTED QAF posted a 101 per cent rise in net profit to S$22.6 million for the second half of the year ended Dec 31, 2023, from S$11.2 million in the previous corresponding period.
Gardenia bread-maker QAF appoints Philip Yeo as independent non-executive director
FOOD manufacturer and distributor QAF Limited on Monday (Oct 31) said it has appointed Philip Yeo as an independent non-executive director.
QAF expects ‘significant improvement’ in net profit for H2 2023
MULTI-INDUSTRY food company QAF said that it expects a “significant improvement” in its net profit for the second half of its 2023 financial year ending on Dec 31, compared to the same period the prev...
QAF net profit falls 66.2% due to impairment on joint venture
MULTI-INDUSTRY food company QAF posted a 66.2 per cent decline in net profit after tax from continuing operations to S$4.9 million for the half-year ended Jun 30, 2023, from S$14.5 million in the corr...
QAF’s H2 earnings halved to S$11.2 million despite higher revenue
QAF, the maker of Gardenia bread, posted net profit of S$11.2 million for the second half ended December 2022, down 54 per cent from S$24.6 million a year ago.
