QAF Limited

Results

QAF's 1Q earnings down 79% to $3 mil on lower revenue, higher costs

SINGAPORE (May 8): QAF, the manufacturer of Gardenia sliced bread, reported earnings of $3 million for the 1Q18 ended March, down 79% from earnings of $14 million in 1Q17 on lower revenue and higher costs and expenses.

Results

QAF posts 13% decline in 1Q earnings to $14.2 mil after partial divestment of Gardenia Bakeries KL

SINGAPORE (May 9): QAF, the multi-industry food company, reported earnings of $14.2 million for the first quarter ended March 31, 13% down from the $16.4 million reported in the same quarter a year ago on the back of lower revenue.
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