QAF Limited (SGX:Q01)

Revenue by Segment

Financials in millions SGD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Investments & Others	23.63M	23.45M	24.02M	23.54M	21.37M
Investments & Others Growth	0.77%	-2.38%	2.04%	10.17%	-0.73%
Bakery	456.23M	455.97M	455.47M	419.76M	425.07M
Bakery Growth	0.06%	0.11%	8.51%	-1.25%	-1.89%
Distribution & Warehousing	165.16M	167.97M	162.19M	150.02M	128.92M
Distribution & Warehousing Growth	-1.68%	3.57%	8.11%	16.37%	3.94%
Adjustments & Eliminations	-18.44M	-18.63M	-19.18M	-17.97M	-433.34M
Unallocated Revenue	7.02M	7.35M	6.09M	2.18M	186.00K
Unallocated Revenue Growth	-4.52%	20.62%	179.92%	1069.89%	-50.66%
Primary Production - Discontinued Operations	-	-	-	-	416.77M
Total	633.60M	636.11M	628.59M	577.52M	558.98M
Total Growth	-0.39%	1.20%	8.84%	3.32%	-0.50%

Revenue by Geography

Financials in millions SGD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Philippines	270.11M	271.05M	282.68M	268.65M	242.33M
Philippines Growth	-0.35%	-4.12%	5.23%	10.86%	-2.43%
Singapore	228.27M	231.36M	225.02M	205.92M	185.16M
Singapore Growth	-1.33%	2.82%	9.28%	11.21%	-4.30%
Malaysia	77.03M	74.24M	65.95M	51.31M	86.94M
Malaysia Growth	3.76%	12.57%	28.54%	-40.99%	-1.92%
Australia	48.91M	48.59M	45.33M	38.55M	450.14M
Australia Growth	0.66%	7.19%	17.59%	-91.44%	16.47%
Other Countries	9.27M	10.87M	9.60M	13.10M	11.19M
Other Countries Growth	-14.71%	13.19%	-26.70%	17.04%	-38.10%
Unallocated	-	-	-	-	-416.79M
Total	633.60M	636.11M	628.59M	577.52M	558.98M
Total Growth	-0.39%	1.20%	8.84%	3.32%	-0.50%

Source: S&P Global Market Intelligence.