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.

 


Disclaimer
The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

 

   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK