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QAF

QAF Limited is a leading multi-industry food company listed on the main board of the Singapore Exchange. Our core businesses are Bakery, Primary Production, and Trading and Logistics. Principal Activities

The QAF Group has an extensive network of operations across the Asia-Pacific region including Singapore, Malaysia, the Philippines and Australia.

1)Bakery operations We manufacture and distribute packaged loaf bread, pastries and bakery products in Singapore, Malaysia, the Philippines      and Australia.

2)Pork production, processing and distribution We are the largest producer and exporter of pigmeat in Australia.

3)Feedmilling Our feedmills in Australia manufacture pelleted stockfeed for a broad range of livestock.

4)Food trading and distribution We import and distribute a wide range of liquor and food products.

5)Food manufacturing We produce our own proprietary brands of food and beverage products.

6)Warehousing and logistics operations We operate a comprehensive logistics operation including warehousing and distribution.

7)Milk and dairy production We are engaged in dairy production in Australia.

Year over year, QAF Ltd. has been able to grow revenues from $856.4M to $977.0M. Most impressively, the company has been able to reduce the percentage of sales devoted to selling, general and administrative costs from 21.38% to 21.17%. This was a driver that led to a bottom line growth from $48.7M to $59.2M.