QEX triples first-half sales, near quadruples profit

Thu, 29 Nov 2018

By Jenny Ruth Nov. 29 (BusinessDesk) - QEX Logistics says it more than tripled first-half sales, near quadrupled first-half net profit and is on track to achieve its annual sales target of $60 million. The cross-border logistics company says sales for the six months ended September rose to $32.4 million, exceeding the $31.5 million revenue earned in the previous full year. Net profit rose to $1.25 million from $345,000 in the same six months last year. QEX, which operates in New Zealand, Australia and China, specialising in delive...

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