kimly

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

Kimly says 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”.

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

The outlet management and food retail divisions contributed to Kimly's higher revenue, with three coffeeshops that opened in FY2023 and another two opening in FY2024.

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

Revenue for the full year fell 1.2 per cent to S$313.9 million, from S$317.7 million a year ago.

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

Japan Foods Holding's Takahashi Kenichi says the group's best-performing restaurants are located in heartland malls. 

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

Kimly, in its regulatory filing on Thursday, says 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.

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.

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 the closure of 11 food stalls.

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

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

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.

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