Kimly Limited

" In the same report, Seet also noted that Kimly may add another $9 million to its profit before tax (PBT) for the FY2022 due to its acquisition of homegrown food business, Tenderfresh. The group says it aims to complete the proposed acquisition in the next three to four months.

The$9 million earn-out PBT, of which management is confident the target can be achieved, which will add about $5.5 million (22%) to net profit from FY2022 onwards, notes Seet."

Above is an extract from RHB report. For info only. Dyodd.

Good close today at 42.5 cents on volume of 6.5mil.

Kimly Limited results are out.

Profits - S$39.3 mil

Dividends - 1.4 cts (Full year dividends - 2.0 cts)

Results of last 3 years:

kimly ........FY' 19 ........FY' 20 ........FY' 21
revenue ....208299 ........210,773 ......238,642
net profit... 20,053 ........25,225 ........39,278

closed at 41.0 cts despite a weak mkt

Some basic datas on Kimly:

revenue  - 238.6 mil

profit  - 39.3 mil

dividend  - 2.0 cts (full year)

div yield  - 4.90%

price ( time of post )  - 41.0 cts

no of shares (X1000)  - 1198787

capitalisation  - 491 mil

p/e  - 12.4 X

cash  - 95 mil

For info only