The Business Times

kimly

Consumer & Healthcare

F&B, grocery players like Sheng Siong, DFI still whet appetite of investors

Kimly said the proposed acquisition is in line with the group’s strategy to expand its network of food outlets in Singapore, as well as establish new food outlets and food stalls “as and when suitable strategic locations become available.”
Companies & Markets

Kimly unit to buy coffeeshop property at Serangoon for S$13.2 million

Kimly’s outlet management and food retail divisions contributed to its higher revenue, with three coffeeshops opened in FY2023 and another two opening in FY2024. 
Companies & Markets

Kimly H1 net profit dips 6.1% to S$17.5 million

Earnings per share for the period stood at 2.94 Singapore cents, up from 2.74 Singapore cents previously.
Companies & Markets

Kimly FY2023 net profit up 7.2% on gain from disposal of confectionery business

Japan Foods Holding founder, chairman and CEO Takahashi Kenichi at Tokyo Shokudo in VivoCity. Kenichi said its best-performing restaurants were located in the heartland malls, even before the pandemic. 
Companies & Markets

Rising costs may dampen appetite for restaurants, even if weak tourist numbers don’t: analysts

Kimly, in its regulatory filing on Thursday (May 11), said a 5.7 per cent drop in revenue from its food retail division, which brought in S$91.2 million in the half year, contributed to the revenue drop.
Companies & Markets

Kimly H1 profit rises 0.7%, but revenue falls as food delivery demand tapers

The joint venture company, Da Sun Food House, will be 49 per cent-owned by KMP.
Companies & Markets

Kimly unit enters joint venture to operate coffeeshop at Kitchener Complex

The higher revenue contribution from Kimly's newly-acquired Tenderfresh was offset by lower contributions following closures of 11 food stalls.
Companies & Markets

Kimly posts 13.4% fall in full-year net profit to S$34 million

Kimly said the disposal will streamline business operations and better direct resources to the core business of operating coffeeshops, by opening more outlets and diversifying product offerings.
Companies & Markets

Kimly unit to sell its pâtisserie business for S$2.8 million

Kimly posted a net profit of S$18.5 million for its first half ended March, declining 14.7 per cent year-on-year.
Companies & Markets

Brokers’ take: CGS-CIMB downgrades Kimly to ‘hold’, expects lower heartland footfall amid return to office

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