QAF Limited’s profit increases by 26% for FY2024

Earnings per share stood at $0.06.

QAF Limited’s profit attributable to owners of the parent (PATMI) increased by 26% to $34.7m for the financial year 2024.

Group revenue increased by 1% to $636.1m in FY 2024 from $628.6m in FY 2023.

Interest income increased by 27% to $9.4m in FY 2024, mainly due to higher interest income earned and one-off insurance received on claims concerning the COVID-19 pandemic.

Group earnings before interest, tax, depreciation, and amortisation before exceptional items increased by 24% to $59.6m in FY 2024 from $48m in FY 2023.

Earnings per share stood at $0.06.

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