Soo Kee Group

Investing ideas

Are diamonds an investor's best friend?

Covid-19 could finally make diamonds the investor’s best friend, thanks to supply chain issues and a near complete halt on processing

Results

SK Jewellery posts 26.3% rise in 1Q earnings to $1.8 mil on higher revenue

SINGAPORE (May 8): SK Jewellery Group, the jewellery retailer formerly known as Soo Kee Group, reported a 26.3% rise in 1Q earnings to $1.8 million from $1.4 million a year ago on higher revenue.

Soo Kee Group proposing name change to SK Jewellery Group

SINGAPORE (Apr 6): Soo Kee Group is proposing to rename itself as SK Jewellery Group.

Results

Soo Kee Group reports 49.5% rise in 4Q earnings to $4.6 mil on higher sales from subsidiary

SINGAPORE (Feb 28): Jeweller Soo Kee Group reported a 49.5% rise in 4Q earnings to $4.6 million to $3 million a year ago.

M&A

JV partner Diamond Avenue turns into acquisition target for Soo Kee

SINGAPORE (Jan 17): Soo Kee Group's subsidiary Love & Co. International has entered into a sale and purchase agreement to acquire 100% of Diamond Avenue Investments for $17,955.

Results

Soo Kee's 3Q earnings more than double to $0.6 mil despite lower revenue

SINGAPORE (Nov 6): Jeweller Soo Kee Group posted earnings of $560,000 for the 3Q ended September, more than double from earnings of $236,000 a year ago.

Soo Kee adopts Sarine’s diamond profiling technology in China

SINGAPORE (Sept 11): Sarine Technologies says jewellery retailer Soo Kee Group will adopt its Sarine Profile digital diamond report in China under the Love & Co. brand for its Lovemarque diamond collection.
From Google Drive

Results

Soo Kee Group reports 49.5% rise in 2Q earnings

SINGAPORE (Aug 4): Jeweller Soo Kee posted a 49.5% rise in earnings of $0.83 million in 2Q17 compared to $0.55 million in 2Q16.

Soo Kee in joint venture to spread the Love & Co in China

SINGAPORE (July 19): Jeweller Soo Kee Group announced Wednesday that it is bringing its Love & Co brand into China via a joint venture with Global Crown Group.

Results

Soo Kee Group posts 46.3% fall in 1Q17 earnings to $1.4 mil despite higher sales

SINGAPORE (May 8): Jeweller Soo Kee Group posted a 46.3% fall in 1Q17 earnings to $1.4 million from a year ago due to higher material costs.
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