SINGAPORE (May 8): Coffeeshop operator Kimly saw its earnings grow 20.2% to $5.5 million for the 2Q ended March, from $4.5 million a year ago.
2Q18 revenue climbed 3.8% to $49.2 million, from $47.4 million a year ago.
This was mainly attributable to higher revenue contributions from its Food Retail and Outlet Management divisions, due to an increase in the number of food stalls and an increase in income from sub-leasing of coffee shops and food courts as well as related cleaning and utilities services provided.
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