Kimly

Management & Corporate Governance

Kimly says daily operations not affected by arrests of chairman, executive director

SINGAPORE (Dec 18): Coffeeshop chain Kimly says Tuesday that the group’s daily operation have not been affected by “recent events” involving executive chairman Lim Hee Liat and executive director Chia Cher Khiang.

Management & Corporate Governance

Kimly chairman and director under probe; $16 mil acquisition cancelled

SINGAPORE (Nov 29): Coffeeshop chain operator Kimly said its executive chairman Lim Hee Liat (right) and executive director Chia Cher Khiang (left) are under investigation by the Monetary Authority of Singapore and the Commercial Affairs Department.

Broker's Calls

Kimly kept on 'buy' amid mixed review of 'productive' coffeeshop

SINGAPORE (Sept 12): RHB Research is keeping its “buy” call on coffeeshop operator Kimly with an unchanged target price of 46 cents following a visit to the group’s “productive” coffeeshop.

Broker's Calls

Kimly kept at 'buy' despite dip in 3Q earnings

SINGAPORE (Aug 10): RHB Research is keeping its “buy” call on Kimly with an unchanged target price of 46 cents – implying an estimated upside of 35% – despite the traditional coffeeshop operator reporting a dip in its earnings for the 3Q ended Jun

Results

Kimly reports 4.8% dip in 3Q earnings to $5 mil

SINGAPORE (Aug 8): Kimly, one of the largest traditional coffeeshop operators in Singapore, reported a 4.8% dip in 3Q earnings to $5.0 million from a year ago.

Broker's Calls

Asian Story acquisition brings nothing but cheer to Kimly's outlook: RHB

SINGAPORE (July 4): RHB Research is maintaining its “buy” call on Kimly with a higher target price of 46 cents compared to 43 cents previously, following news of the coffee shop operator’s $16 million acquisition of Asian Story Corp (ASC) and its As

Broker's Calls

Kimly kept at 'buy' on prospect of exciting growth ahead

SINGAPORE (May 9): RHB Research is keeping its “buy” call on Kimly with an unchanged target price of 43 cents after the coffeeshop operator reported a “superb 2Q18”.

Results

Kimly posts 20.2% rise in 2Q earnings to $5.5 mil

SINGAPORE (May 8): Coffeeshop operator Kimly saw its earnings grow 20.2% to $5.5 million for the 2Q ended March, from $4.5 million a year ago.

IPO

SGX to face stiffer competition from regional bourses this year: PwC

SINGAPORE (Jan 3): Singapore ended the past year with a total of 20 initial public offerings (IPOs) and $4.7 billion of total funds raised – the highest in the past four years and a stellar showing for 2017, according to a report launched today by Price

Results

Kimly's full-year earnings slip 11.5% to $21.4 mil on higher expenses

SINGAPORE (Nov 24): Coffeeshop operator Kimly posted earnings of $21.4 million for the full year ended September, 11.5% lower than a year ago on the back of higher expenses.
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