- CEO
- Wen Shan Lee
- Full Time Employees
- 2,721
- Sector
- Consumer services
- Industry
- Restaurants
- Address
- 13 Woodlands Link Singapore CE Singapore 738725
- IPO Date
- Mar 20, 2017
- Business
- Kimly Limited is a Singapore-based investment holding company primarily engaged in operating and managing an extensive network of traditional coffee shops, food courts, food stalls, restaurants, and confectionery shops across Singapore. The company offers core products and services including outlet management, food retail, and outlet investment business. Its offerings comprise the leasing of food outlet premises, sale of food, beverages, and tobacco products, as well as the provision of cleaning and utility services. The food retail segment includes a diverse range of prepared food categories such as Mixed Vegetable Rice, Teochew Porridge, Dim Sum, Seafood "Zi Char," and Tonkichi, supported by a central food processing center. Additionally, Kimly manufactures cooked food preparations and engages in the wholesale of livestock, meat, poultry, eggs, and seafood, alongside manufacturing and processing premix flour, seasoning, and spices. Founded in 1990, Kimly Limited is headquartered in Singapore.
In the latest operational developments, Kimly has continued to expand its footprint by opening three new food outlets, eleven food stalls, and two restaurants in the fiscal year 2024, boosting its portfolio to 86 food outlets and 191 food stalls/restaurants/kiosks. The company opened an air-conditioned food court at Lucky Plaza featuring 12 unique stalls and announced the proposed acquisition of a coffee shop property at Block 204 Serangoon Central to reinforce its market position. The Group recorded revenue of approximately SGD 319 million in FY2024, a 1.8% increase year-on-year, with a modest growth in gross profit margin to 28.4%. Despite rising operational costs, including higher employee benefits and utilities, Kimly remains committed to innovating its menu offerings, expanding its food outlet network within Singapore, and targeting growth in the Halal-certified market segment. The company maintains a robust occupancy rate of 99.0% across its food stalls and outlets, reflecting strong tenant relationships. Kimly Limited is listed on the Singapore Exchange under the ticker 1D0.SI.