QAF Ltd 2016 AR2
The report highlights QAF Limited's financial and operational performance for the fiscal year 2016, showcasing resilience in a challenging global economic environment. The company recorded a 90% increase in profit before taxation to $130.6 million, driven by exceptional gains from the sale of a 20% stake in Gardenia Bakeries (KL) and strong performance in its primary production segment, Rivalea. QAF continued its expansion strategy by establishing new bakery plants in the Philippines and Malaysia. Additionally, the report outlines the Group's corporate social responsibility initiatives, focusing on promoting healthy lifestyles, product safety, community support, environmental sustainability, and employee welfare.
Company: QAF Ltd
Sector: Manufacturing
Country: Singapore
Year: 2016
Type: AR2
Pages: 182
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QAF Ltd
Annual Report
The report highlights QAF Limited's financial and operational performance for the fiscal year 2016, showcasing resilience in a challenging global economic environment. The company recorded a 90% increase in profit before taxation to $130.6 million, driven by exceptional gains from the sale of a 20% stake in Gardenia Bakeries (KL) and strong performance in its primary production segment, Rivalea. QAF continued its expansion strategy by establishing new bakery plants in the Philippines and Malaysia. Additionally, the report outlines the Group's corporate social responsibility initiatives, focusing on promoting healthy lifestyles, product safety, community support, environmental sustainability, and employee welfare.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
Mar 10, 2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees