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James Ng

Qoq, the Group increased the Operating Profit by RM128 million (+73.4%) to RM 303 million and the Profit before tax by RM129 million (+77.9%) to RM 295 million. Main reasons for this positive profit development are favorable trends for commodity prices and the Malaysian currency on the one side as well as the normal phasing of the marketing investments (high in Q4) on the other side.

Prospects:
At the backdrop of a more encouraging year for Malaysian economy, they will continue with their "Fuel the Growth" strategy: Striving for efficiency increases all over the supply chain and reinvesting the realized improvements into the sustainable growth of the Company by innovating / renovating their portfolio and intensifying their Trade-and Consumer promotions.

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James Ng