Old Chang Kee

Old Chang Kee has declared an interim dividend of 1.0 cent per share.

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

The group has declared an interim dividend of 1.0 Singapore cent per ordinary share.

The group has declared a dividend of 1.0 cent per share for the FY2021.

An ordinary interim dividend of 0.5 cent per share has been declared for the period.

SINGAPORE (May 30): Old Chang Kee announced that its FY19 earnings have increased by 14.6% to $4.3 million, compared to $3.8 million in FY18.

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.

SINGAPORE (May 31): Phillip Securities is keeping Old Chang Kee at “buy” given the curry puff and fried snacks seller continues to pay out more than 90% of its earnings in FY19, supported by increasing free cash flows.

SINGAPORE (May 30): Old Chang Kee saw FY18 earnings double to $5 million from $2.4 million in FY17 on improved gross margins and revenue.

SINGAPORE (Feb 15): Phillip Capital is maintaining its “buy” call on Old Chang Kee with a following the group’s release of its 9M18 results, which came in at 78% of the research house’s full year expectations.