Kimly doubles interim dividend despite 13.2% fall in Q2 profit
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Singapore
CATALIST-LISTED coffee shop operator Kimly plans to roll out iced coffee and tea brands with lower-sugar options but the board is sweetening up investors with an interim dividend twice as much as last year's.
Kimly's second-quarter earnings took a hit from higher expenses, according to results out on Tuesday, but the directors have recommended an interim dividend of 0.56 Singapore cent a share - up from 0.28 cent in the same period previously.
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