Released on Tuesday (Jan 17), the 2023 ranking, which was compiled by The Straits Times and global research firm Statista, also showed that more firms in logistics and transportation as well as manufacturing registered high growth.
The Singapore's Fastest Growing Companies list includes 100 local businesses that achieved markedly high revenue growth between 2018 and 2021. The firms must be independent companies headquartered in Singapore with at least S$150,000 of revenue generated in 2018 and S$150万 in 2021.
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$佳福 (Q01.SG)$: Multi-Industry food companyQAFexpects its operating performance before exceptional items for its second half (H2) of 2022 to exceed its results in the first half, the company said in its profit guidance on Tuesday (Jan 17).
QAF said its H2 performance is "typically" better than H1, although it had been challenging to comment on the trend in the current volatile environment.
For its financial year ended 2022, the company also recorded insurance payouts as exceptional gains.