Kimly Limited has announced a net profit of S$16.4m for the first half of the financial year 2026, with revenue increasing by 1.3% to S$161.4m. This growth is attributed mainly to higher contributions from its Outlet Management and Outlet Investment Divisions. The company has declared an interim dividend of 1.00 Singapore cent per share.
Despite the positive financial results, Kimly acknowledges the challenging operating environment for food and beverage (F&B) operators. Global energy market volatility, driven by geopolitical tensions, has led to increased oil prices and inflationary pressures, affecting costs across transportation, utilities, packaging, and food production. In Singapore, these global issues have resulted in rising costs for raw materials, utilities, rentals, and logistics, compounded by supply chain uncertainties and a tight labour market.
On 9 January 2026, Kimly completed the acquisition of a coffee shop property at 12 Haig Road, securing premises operated by Kedai Kopi since April 2021. This strategic move aims to mitigate leasing risks and enhance long-term operational stability.
Looking forward, Kimly plans to focus on strengthening operational capabilities, refining product offerings, and expanding its network of food outlets across Singapore. The company remains committed to its four-pronged strategy of expanding its footprint, diversifying product and revenue streams, growing its Food Retail Division, and enhancing operational capabilities.
The directors of Kimly commented on the outlook, stating, “The challenging F&B landscape is expected to persist amid ongoing manpower constraints, rising material and rental costs, intensifying competition, and subdued consumer sentiment arising from global economic uncertainties.” Despite these challenges, Kimly has expanded its presence with new coffee shops and food stalls, reinforcing its market position.
