In today’s briefing:
- QAF 1H Results : As Expected : Weak Set of Results : Dividend Maintained
QAF 1H Results : As Expected : Weak Set of Results : Dividend Maintained
- Revenues in constant currency was flat otherwise, it was down 1%
- PBT was down 35% adjusted for exceptions of GB KL loss and translation loss from AU$ to S$. Maintained dividend
- Cost pressure was seen in Staff cost which went up in Philippines due to increased production in Philippines and implementation of minimum wage rate in Malaysia.
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