QAF Forecasts Material Reduction in H1 Profit; Shares Down 6%

MT Newswires

2025/07/04

QAF (SGX:Q01) expects to report a material reduction in its attributable profit to owners for the first half of the year, according to a Thursday filing with the Singapore Exchange.

Shares of the company were down over 6% in recent trading.

The company attributed the decline in profit to higher operational costs, unfavorable foreign exchange movements and investment in a joint venture.

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