QAF Limited has scheduled its annual general meeting for Apr, 24 2026, following the issuance of its notice on Mar, 27 2026. The session will be conducted in a wholly physical format starting at 11:00 a.m.
For FY2025, the group reported earnings per share of 6.9 cents, up from 6.0 cents in FY2024. It maintained an ordinary dividend of 5.0 cents per share. Net asset value per share stood at 88.7 cents, compared with 86.9 cents a year earlier, while the net gearing ratio was at negative 0.37 times. The company’s year-end share price was 0.895 Singapore dollars, giving it a market capitalisation of about 515 million Singapore dollars.
Operationally, group EBITDA before exceptional items rose to 70.3 million Singapore dollars, driven mainly by a 10.6 million Singapore dollars contribution from its bakery segment and a 69.7 million Singapore dollars uplift in other income, partly offset by a 10.0 million Singapore dollars decline in distribution and warehousing. Profit before tax after exceptional items increased by 3.2 million Singapore dollars year on year.
In response to shareholders’ questions, QAF said the ongoing Iran conflict has raised fuel and packaging expenses. Management is reviewing discretionary spending, rationalising distribution services and optimising inventory levels to mitigate the cost pressures while monitoring potential impacts on raw materials and consumer demand.