Back 14 May 2025

Kimly Limited Navigates 1H FY2025: Revenue Edges Up, But Profitability Faces Headwinds; Interim Dividend Proposed Amidst Expansion

Link: https://links.sgx.com/1.0.0/corporate-announcements/SLAIDNEN9HG1531C/8f7c6be92562c5634f54237a81de8a8c262a978632e9c3ef7b263b113ea7aa0f

Summary:

  • Kimly Limited reported a marginal increase in revenue of 0.5%, reaching S$159.3 million for the first half of FY2025.
  • The Group's net profit after tax attributable to the owners of the Company decreased by 15.6% to S$14.8 million.
  • The company declared an interim dividend of 1.00 Singapore cent per share.
  • Increased cost of sales, administrative expenses, and finance costs contributed to the decrease in net profit.
  • Kimly continues to expand its network of outlets and is focused on adapting strategies to navigate industry challenges such as rising costs and manpower shortages.