Kimly

Results

Kimly reports higher FY2024 revenue but earnings down on higher depreciation and other costs

Kimly plans to pay a final dividend of one cent, bringing total payout to two cents for FY2024

Company in the news

Kimly says no financial impact expected after SFA orders recall of fish burger

The Singapore Food Agency had ordered a recall of Fish Burger Ikan Sultan, manufactured by Kimly subsidiary Tenderfresh Fried & BBQ Chicken, on Sept 26.
Kimly sees growth from hungry locals - THE EDGE SINGAPORE

Food & Beverage

Kimly sees growth from hungry locals

Kimly enters the halal market for growth.

F&B sector

Kimly buys coffeeshop at Serangoon Central for $13.15 million

Kimly operates and manages an extensive network of more than 80 food outlets
Kimly reports slightly lower earnings for 1HFY2024 but plans bigger dividend payout - THE EDGE SINGAPORE

Results

Kimly reports slightly lower earnings for 1HFY2024 but plans bigger dividend payout

Kimly plans to pay an interim dividend of one cent, up from 0.56 cent paid for 1HFY2023.

Broker's Calls

RHB ‘neutral’ on downstream F&B sector, notes recovery past pre-pandemic levels

The F&B Foodservice Index has recovered past pre-pandemic levels.

Broker's Calls

Kimly facing margin compression but steady cash flow to help support dividend policy: UOB Kay Hian

Kimly is maintaining a payout ratio of between 55 and 60%

Broker's Calls

Kimly's margin pressure to remain, says CGS-CIMB

With a view that margin pressure will persist, the analysts have trimmed their target price from 37 cents to 36 cents

Results

Kimly earnings up 7.2% y-o-y to $36.5 mil for FY2023 from confectionery business disposal

Excluding the $2.5 million gain on disposal, Kimly's earnings were 0.2% y-o-y down at $34 million.
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