Kimly's Attributable Profit Drops 16% in Fiscal H1; Shares Slip 3%
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Kimly's attributable profit to owners declined by 16% during fiscal H1 to SG$14.8 million from SG$17.5 million a year earlier, according to a Wednesday filing on the Singapore Exchange. Earnings per share dropped to SG$0.0119 compared with SG$0.0141 in the comparable period. Revenue was marginally up 0.5% year over year to SG$159.3 million from SG$158.5 million. The coffee distributor declared a dividend of SG$0.01 per share for the period, which will be paid on July 15. Shares of the company were down over 3% in recent trading.
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