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

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

Revenue growth of 4.2% to S$49.9 million was boosted mainly by higher contributions from both the group’s outlet management and food retail divisions.

The growth from the group’s outlet management division was due to an increase in income from...(click on link for full story on theedgesingapore.com)