Old Chang Kee’s net profit surges 42% YoY in H1 2025

Earnings for the period reached $6.2m.

Old Chang Kee’s net profit for H1 2025, which ended on 30 September, surged 42% year-on-year (YoY) to $6.2m from $4.4m a year ago.

Gross profit for the period increased 7.9% YoY to $36m from $33.3m previously.

Revenue rose 3.2% YoY to $52m from $50.2m in H1 2024, mainly due to higher retail and non-retail sales. 

Revenue from retail outlets grew 1.2% YoY to $0.5m due to incremental revenue from new outlets and a revenue increase from existing outlets, partially offset by a decrease in revenue from closed outlets. 

Meanwhile, revenue from other services, such as delivery, catering services, and non-retail sales, increased by approximately $1.0m or 19.3%.

Earnings per share stood at $0.0512.