QAF Ltd. reported earnings results for the year ended December 31, 2012. For the year, the company's EBITDA was SGD 89.3 million compared with SGD 123.2 million a year ago. Return on equity was 8.8% compared with 15.2% a year ago. Return on assets was 4.8% compared with 8.6% a year ago.

QAF Ltd. at its AGM held on April 25, 2013, approved final tax-exempt (1-tier) dividend of SGD 0.04 per 1 per share for the year ended December 31, 2012. The dividend will be payable on or about June 25, 2013 and books closure date on May 8, 2013.

QAF Ltd. reported unaudited group earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of SGD 250,765,000 against SGD 240,400,000 for the same period in the last year. Increases in sales were achieved by all the business segments of the Group ­ Bakery, Primary Production and Trading & Logistics. Profit from operating activities was SGD 15,402,000 against SGD 16,342,000 for the same period in the last year. Profit before taxation was SGD 14,262,000 against SGD 14,966,000 for the same period in the last year. Profit attributable to owners of the parent was SGD 11,496,000 against SGD 10,046,000 for the same period in the last year. Net cash from operating activities was SGD 14,844,000 against SGD 2,787,000 for the same period in the last year. Purchase of property, plant & equipment and investment properties was SGD 7,845,000 against SGD 7,786,000 for the same period in the last year. Progress payment for purchase of property, plant & equipment was nil against SGD 1,521,000 for the same period in the last year. Basic and diluted EPS was 2.2 cents against 1.9 cents for the same period in the last year.