Coffeeshop chain Kimly's revenue for 1HFY2026 was up 1.3% y-o-y to $161.4 million with contributions from newly acquired coffeeshops and stalls.
With better margins, the company was able to report earnings of $16.4 million, an increase of 10.6% for the same half year ended March.
The company plans to pay an interim dividend of a cent a share.
While Kimly was able to generate slightly higher revenue from its management of coffeeshops and other outlets, its revenue for food retail was down as it shut down numerous under performing stalls.
As at March 31, it held some $65.1 million in cash, down from $68.1 million as at Sept 30 2025.
Kimly warns that F&B operators face a "challenging" operating environment because of higher costs from logistics to production.
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"Labour costs are also expected to increase following the extension of wage adjustments under the Progressive Wage Model for a further three years," the company warns.
Going forward, Kimly plans to continue its growth by acquiring outlets in "strategic" locations including those in mature housing estates.
In 1HFY206, Kimly added three new cofeeshops and eight food stalls. It now runs 91 food outlets, 181 food stalls, plus other outlets under various brands and formats.
Kimly shares closed at 42 cents on May 12.
