QEX faces challenging six months after revenue fall

Fri, 12 Jun 2020

QEX Logistics expects a challenging first half, with sales for the past two months down 23 percent but a lift in activity expected in June and July.The logistics company, which exports Kiwi products such as baby food and health supplements to individual Chinese consumers, said trading in April and May is traditionally quiet and sales in May last year were boosted by clearance sales of discounted stock.It sees both challenges and opportunities in the wake of the covid-19 pandemic."Demand for milk powder and other New Zealand products r...

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