Kimly Posts Lower Attributable Profit in Fiscal 2024

MT Newswires

Nov 27, 2024

Kimly's (SGX:1D0) profit attributable to owners of the company declined by 9.2% to SG$33.1 million in fiscal 2024, compared with SG$36.5 million a year earlier, according to a filing with the Singapore Exchange on Tuesday.

Earnings per share came in at SG$0.0266 from SG$0.0293 in the comparable period.

Revenue was up nearly 1.8% year over year to SG$319.4 million from SG$313.9 million in the year-ago period, driven by strong revenue contribution from stalls operations and opening of 11 new food stalls.

The operator of coffee shops and restaurants declared an interim exempt one-tier dividend of SG$0.01 per share, compared with SG$0.0112 per share a year ago.

Shares of the company were up nearly 2% in recent trading.

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