QEX Reports Increase in FY20 Revenue

  • Jul 25, 2020 NZST
  • Team Kalkine
QEX Reports Increase in FY20 Revenue

For the year ended 31st March 2020, QEX Logistics Limited (NZX:QEX) reported revenue of $62.7 million, an increase of 5.6 per cent (or $3.3 million) on PCP This growth was attained in spite of various challenges during the year, including the 4th quarter in which, initially China, and then New Zealand went into lockdown to tackle the rapid spread of Covid-19.

For QEX, FY20 was divided into two-part. The first half was challenging, and in the second half, the company experienced the highest revenue month in history for the group in November.


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