QAF Limited (QAF) is a food products providing company. It is engaged in the manufacture and distribution of food products such as bread, bakery and confectionery products, animal feeds, dairy products, meat and related ingredients. The company is also involved into warehousing logistics for food items, trading and distribution of food and beverages items, manufacture and sale of fruit juice-concentrate. The company is organized into four business segments namely, Food Manufacturing, Bakery, Primary Production, and Trading and Logistics. The company operates in five geographical areas namely, Singapore, Malaysia, Australia, China and the Philippines. The company is headquartered at Singapore and employs 5,800 people.The company reported revenues of (Singapore Dollars) SGD 840.07 million during the fiscal year ended December 2008, a decrease of 21.99% from 2007. The operating profit of the company was SGD 13.86 million during the fiscal year 2008, a decrease of 75.16% from 2007. The net loss of the company was SGD 35.23 million during the fiscal year 2008, as against a net profit of SGD 4.55 million during 2007.