Old Chang Kee

[Ben]

So I guess you live around Tiong Bahru area right? Lucky you, there are so much good food in that area that you’ll be spoilt for choice.

I certainly hope ABR can set up more branches. Competition will improve services and products and also no one can suka-suka increase prices.

[brattzz]

why not OCK partner sheng shiong and venture into the china market?!

[brattzz]

The Group expects operating lease expenses (rental) and labour and raw material costs to remain high in the
next reporting period and the next 12 months, and believes that the labour market will continue to remain
tight. Our new factory facilities are currently undergoing renovations and when completed, will provide the
platform to further grow our business both locally and regionally

Name of Dividend : Ordinary (interim)
Dividend Type : Cash
Dividend per share : 1.5 cent per ordinary share

[pianist]

i think the govt did the right thing albeit too slow and late

http://news.asiaone.com/news/crime/curry...-syndicate

[brattzz]

"Old Chang Kee Ltd. announced that it will be closed at 5.00 p.m. on August 12, 2015 for the purpose of determining shareholders' entitlements to the final tax-exempt (one-tier) dividend of Singapore 1.5 cents per share for the financial year ended March 31, 2015."

CD updates,

kinda of stable biz... taste not very good though..

[vesfreq]

why not OCK partner sheng shiong and venture into the china market?!

ermm.... doubt SSG will join hands with OCK. Besides, SSG also tie with another local partner.

OCK will face a more uphill task in China I believe. Curry puff vs dim sum.

Speaking of which OCK had pretty new additions to their menu. The new satay puff was a good try, but price is madness for a "puff". At that crazy price, I would rather stay home ask maid cook maggie mee.

[brattzz]

ask maid cook maggie mee also expensive sir!!!

maid's levy, meals, stay, agent's fee insurances... etc...

heehee, just kidding lah!

[cyclone]

Full Year Financial Statement And Dividend Announcement for the year ended 31 March 2016 :
http://infopub.sgx.com/FileOpen/Full%20Y...eID=406999

Some highlights :
1. The Group's revenue increased approximately 3.1% to S$73.9 million.
2. The Group's profit before tax decreased approximately 9.1% to S$6.7 million.
3. 2016 marks 60 years since Old Chang Kee was first founded in 1956.
4. The Group announced a one-off special dividend of 3 Singapore cents per share.
5. The Group also declared a final dividend of 1.5 Singapore cent per share.

<not vested>

[brattzz]

waos! huat har!

wat a way to celebrate 60th anniversary!

The Group expects operating lease expenses (rental) and labour and raw material costs to remain high in the
next reporting period and the next 12 months, and believes that the labour market will continue to remain
tight. The Group’s new factory in Iskandar Malaysia and expanded factory facilities in Singapore at 2
Woodlands Terrace are expected to be fully operational in the coming months. These will provide the Group
with a platform to grow its business both locally and regionally.

2016 marks 60 years since Old Chang Kee was first founded in 1956. To commemorate our 60th anniversary,
the Group is pleased to announce a one-off special dividend of 3 Singapore cents per ordinary share, subject
to the approval of the Company’s shareholders at the upcoming Annual General Meeting of the Company.
The proposed one-off special dividend, together with the interim and proposed final dividend, will bring the
Group’s full year dividend payout to 6 Singapore cents per ordinary share, in line with our 60th year
anniversary celebrations

[cyclone]

Financial Results for the Financial Year ended 31 March 2017 ("FY2017")

The Group’s profit before tax decreased from approximately S$6.1 million in FY2016 to approximately S$2.4 million in FY2017, a decrease of approximately $$3.7 million or 60.1%. Excluding revaluation deficit of approximately S$3.0 million for the Group’s Singapore and Malaysia factory facilities, the Group’s profit before tax decreased by approximately S$668,000 or 11.0%.

More details in http://infopub.sgx.com/Apps?A=COW_CorpAn...uddies.com