Old Chang Kee

Results

Old Chang Kee posts 9.3% decline in 3Q earnings to $1.2 mil on higher expenses

SINGAPORE (Feb 14): Old Chang Kee announced earnings of $1.2 million for 3Q18, down 9.3% from $1.4 million a year ago in 3Q17 on higher expenses related to increased raw material costs.

Portfolio sees mixed results over recent reporting season

SINGAPORE (Dec 11): The recent results season has seen mostly positive numbers from the 16 companies in our portfolio that reported results in the quarter ending Sept 30. Nine reported earnings growth in the recent quarter, while five saw their earnings

Broker's Calls

Old Chang Kee kept at 'buy' despite 53% fall in 2Q earnings

SINGAPORE (Nov 14): Old Chang Kee announced last night 2Q18 earnings dropped 52.6% to $748,000 from $1.58 million in 2Q17.  

Broker's Calls

Old Chang Kee kept at ‘buy’ on new factory and expansion

SINGAPORE (Aug 21): Phillip Capital is maintaining its “buy” call on Old Chang Kee as it expects the group’s newly constructed factory which will be commencing in 3Q18 to yield manufacturing efficiencies and new product offerings.

Results

Old Chang Kee posts 28% drop in 1Q earnings to $0.7 mil

SINGAPORE (Aug 14): Old Chang Kee announced that its 1Q18 earnings dropped 27.7% to $667,000 compared to $923,000 the previous year.

Old Chang Kee gains 3.7%, aims to boost revenue as costs rise

(June 9): Our Singapore Market Portfolio gained1.07% over the period of May 30 to June 6, slightly outpacing the 0.96% gain in the Straits Times Index. Most of our holdings rose, among them curry puff seller Old Chang Kee. The company had disappointed us

Old Chang Kee disappoints; adding Memtech in anticipation of earnings growth this year

(June 2): Over the past week, the benchmark Straits Times Index slipped 0.6% to close at 3,204.8 points. Our Singapore Market Portfolio lost 0.3% of its value for the period of May 23 to 30. Five of the 12 stocks in our portfolio saw gains; one ended the

Results

Old Chang Kee FY17 earnings fall 65% to $1.7 mil on on higher expenses

SINGAPORE (May 29): Old Chang Kee, the retailer of curry puffs and snacks, reported FY17 earnings fell by more than half to $1.7 million from $5 million on higher expenses.

Old Chang Kee says unaffected by CAD investigation of independent director Zainudin Nordin

SINGAPORE (April 24): Curry puff maker Old Chang Kee says the Commercial Affairs Department (CAD) investigation of independent director Zainudin Nordin is not related to and does not affect the business in any way.

Stocks To Watch

OCBC, Jumbo, Hyflux, Old Chang Kee, Metro

SINGAPORE (Feb 14): Here are some stocks that could move the market this Tuesday morning.
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