Kimly Limited posted a marginally higher net profit of S$33.3 million for the year ended 30 September 2025, up 0.4 percent year-on-year, as incremental contributions from its Outlet Management and Outlet Investment Business divisions offset softer takings at its Food Retail arm.

Revenue inched up 0.9 percent to S$322.1 million, while gross profit improved 3.8 percent to S$94.1 million, lifting gross margin by 0.8 percentage point to 29.2 percent. The board proposed a final dividend of 1.00 Singapore cent per share, bringing the full-year payout to 2.00 cents and representing a 74.8 percent payout ratio following an interim dividend of the same amount paid in May.

Segmentally, Food Retail remained the largest contributor with S$182.8 million in revenue (down S$2.2 million YoY) after the closure of underperforming stalls and one restaurant, partly cushioned by 24 new outlets opened over FY2024-25. Outlet Management revenue rose to S$131.7 million from S$127.1 million, and Outlet Investment Business revenue edged up to S$7.7 million from S$7.3 million, supported by the opening of one coffee shop, one food court and one industrial canteen in FY2024, followed by three additional coffee shops and a drink stall in FY2025.

Lower food-ingredient costs helped trim total cost of sales by 0.3 percent to S$228.1 million, underpinning the uptick in profitability. Nevertheless, the group’s operating cash flow eased to S$85.3 million from S$87.7 million, and cash and cash equivalents stood at S$68.1 million as at 30 September 2025, down from S$98.5 million a year earlier.

Kimly noted that rising rents, manpower constraints and higher utility and raw-material prices continue to weigh on Singapore’s food-and-beverage sector. Against this backdrop, the company plans to extend its network in mature, high-footfall estates. During FY2025 it acquired two coffee shops at Serangoon Central and Yishun Ring Road, entered a joint venture to manage a short-term HDB lease at Toa Payoh North, and, after the year-end, agreed to buy a coffee shop at Haig Road.

The board said the group will keep refreshing its menu offerings and leverage its central kitchens to manage costs while pursuing selective expansion opportunities. It added that the recent acquisitions should strengthen Kimly’s presence in Singapore’s heartland coffee-shop and food-retail segments despite a softer consumer environment and intensifying competition.