NAF [NR] - Asia’s Leading Passion Fruit Exporter
NAF is Asia’s leading passion fruit exporter and world’s top exporter of Gac fruit. FTAs will reinforce NAF’s competitive position by lowering tariffs by 7-10%. Expansion projects soon to be carried out will underpin NAF’s growth target including revenue CAGR of 11% and NPAT CAGR of 26% between FY15-19. Sales of passion fruit seedlings self-developed by NAF starting from 2015 provide another significant growth driver of high margin (GPM of 50-60%).