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Old Chang Kee reports 275% higher 1H earnings of $6.0 mil

Felicia Tan
Felicia Tan • 2 min read
Old Chang Kee reports 275% higher 1H earnings of $6.0 mil
An ordinary interim dividend of 0.5 cent per share has been declared for the period.
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For the 1HFY2021 ended Sept 30, Old Chang Kee announced earnings of $6.0 million, up 275% from the $1.6 million posted the year before.

The higher earnings translates to earnings per share (EPS) of 5.05 cents for the half-year period, up from 1.28 cents posted in 1H2020.

1HFY2021 revenue fell 14.4% y-o-y to $38.2 million due to lower revenue from its retail outlets and offset by higher revenue from sales in delivery and catering.

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