The decline came despite the group registering higher revenue during the quarter, largely due to higher costs and expenses.
SINGAPORE (May 10): QAF, the multi-industry food company, reports a 47% drop in earnings to $1.6 million for the 1Q19 ended March, from $3.0 million a year ago.
Earnings per share (EPS) fell to 0.3 cents in 1Q19, from 0.5 cents in 1Q18.

