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Results
Bread manufacturer and distributor QAF Limited posts 26% higher earnings for FY2024 of $34.7 mil
The group recognised a non-cash impairment of $1.2 million from its investment into Gardena Bakeries KL.
February 21, 2025
Results
QAF posts 154% surge in 1HFY2024 earnings to $12.4 mil; declares 1 cent dividend
QAF posts 154% jump in 1HFY2024 earnings.
August 08, 2024
Results
QAF guides for improved earnings for 1HFY2024
The company will be releasing its results in August.
July 23, 2024
Results
QAF expects significant earnings improvement for FY2023 in profit guidance
The company will report its earnings for 2HFY2023 and FY2023 later in February.
February 05, 2024
Company in the news
QAF receives final insurance payment of RM21 mil for factory flooding
The total amount received under the group’s applicable insurance policies is RM109 million, with tax liabilities of RM24 million.
November 20, 2023
Results
QAF expects drop in profit for 1HFY2023 with Gardenia JV loss
QAF is expected to record a non-cash impairment of approximately $9.2 million in its 1HFY2023 results.
July 21, 2023
Broker's Calls
CGS-CIMB takes a closer look at QAF in an unrated report
QAF has steadily grown its bakery revenue at 6.1% CAGR since FY2017, the analyst highlights.
November 30, 2022
Company in the news
QAF to recognise insurance payment as exceptional gain in its 2HFY2022 results
Assuming all submitted claims are accepted, the group is expecting to recognise exceptional gains of $20 million for the FY2022.
October 27, 2022
Results
QAF expects 'significant improvement' in 1HFY2022 with flood damage insurance payout
QAF attributes the “significant improvement” to an insurance payout for flood damage to one of the group’s Malaysian factories.
July 20, 2022
Food & Beverage
QAF to dispose of its primary production business for indicative purchase price of $110.3 mil
Following the disposal, QAF intends to pay a special dividend of 2 cents per share, amounting to some $11.5 million in total.
June 08, 2021