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14 May 2025
Kimly Limited Navigates 1H FY2025: Revenue Edges Up, But Profitability Faces Headwinds; Interim Dividend Proposed Amidst Expansion
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.