Kimly full year result was out yesterday. Share some datas below:
1. market capitalisation - $270 mil
2. fullyear earnings (2019) - $20 mil
3. price earning ratio -13.5 times
4. full year dividend 1.4 cts
5. dividend yield - 6.0%
6. company has no debt
7. company has a huge cash horde of $87.2 mil
The p/e of 13.5 X makes it one of the lowest within the food sector.
The dividend yield of 6.0% makes it one of the highest in the food sector.
2 quotes taken from Kimly press release on 26 Nov 2019.
Kimly launched its signature Bak Kwa Pau (金 味 碳 烤 肉 干 包 ) on 8 August 2019 and sales of this popular Pau has crossed the 60,000 (in unit sales) milestone in the month of October. The Group is confident that the Bak Kwa Pau will be well-received as the Chinese New Year festive period approaches, due to its close association with the popularity of Bak Kwa during Chinese New Year.
Holim, the Group' s own brand of Iced Kopi and Teh was launched in Q4 FY2019 at 6 coffeeshops. The drinks have achieved encouraging results, with average daily sales ranging from 600 to 900 cups each day. The Group will progressively roll out Holim beverages to other coffeeshops, with a view to retail Holim at each of its coffeeshops island-wide.