Floating Button
Home Capital Results

Old Chang Kee's 3Q earnings up 24.6% at $1.5 mil on higher revenue & improved margins

Michelle Zhu
Michelle Zhu • 2 min read
Old Chang Kee's 3Q earnings up 24.6% at $1.5 mil on higher revenue & improved margins
SINGAPORE (Feb 14): Old Chang Kee reported 3Q19 earnings of $1.5 million, rising 24.6% y-o-y from $1.2 million on the back of higher revenue and lower cost of sales.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Feb 14): Old Chang Kee reported 3Q19 earnings of $1.5 million, rising 24.6% y-o-y from $1.2 million on the back of higher revenue and lower cost of sales.

Revenue for the quarter grew 3.8% to $23.1 million from $22.2 million a year ago due with 2.8% higher revenue from retail outlets, with increased contributions from existing outlets as well as revenue from new outlets.

This was however offset in part by the absence of revenue from closed outlets as well as those temporarily closed for renovations.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.