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Old Chang Kee reports 11.2% decline in profit for the 2HFY2022 as inflationary pressures rise

Khairani Afifi Noordin
Khairani Afifi Noordin • 3 min read
Old Chang Kee reports 11.2% decline in profit for the 2HFY2022 as inflationary pressures rise
This brings profit for the FY2022 to $5.7 million, a 35% decline from FY2021 profit at $8.7 million.
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Snacks and beverage chain Old Chang Kee has reported profit of $2.3 million for the 2HFY2022 ended March 31, an 11.2% decline from the same period the year before.

This brings profit for the FY2022 to $5.7 million, a 35% decline from FY2021 profit at $8.7 million.

Earnings per share (EPS) for the 2HFY2022 and FY2022 stood at 1.90 cents and 4.68 cents respectively, from EPS of 2.14 cents and 7.20 cents in the same previous periods respectively.

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