What is cheap, good, filling and right there for you every morning? Gardenia Bread!
Gardenia is a key brand by QAF Limited although the latter still have other brands like Bonjour, CowHead, Bakers Maison etc. Visit their website here for a quick overview.
Here’s the commentary on their latest results:
The Group remains focused on growing its core businesses which have seen steady revenue growth and,
barring unforeseen circumstances, this is expected to continue in 2020.
In Bakery, plant investments have borne fruit and some newer plants are expected to reach optimum capacity in the next two years. Planning is on-going to add bread, buns and rolls lines in Malaysia to cater to increasing demand. In the Philippines, the business strategy will be to increase bread per capita consumption through promotional activities and new product offerings, yet at the same time consolidating its expanded operations with a focus on its bottom
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