06 Mar '12, 8am

Kingsmen FY2011 Results Analysis

Kingsmen FY2011 Results Analysis

The revenue for FY2011 increased 11.7% from $233.6 million in FY2010 to $261 million in FY2011. The cost of sales increased more than revenue at 14.5% when compared with FY2010. This caused a dip in gross profit margin from 27.3% (FY2010) to 25.5% (FY2011). The net profits for FY2011 increased 8.4% from $15.1 million in FY2010 to $16.3 million in FY2011. The staff costs have increased 6.9% when compared with FY2010. The net profit margin was slightly lower in FY2011 at 6.3% when compared to FY2010′s figure of 6.5%. The margins have dipped in FY2011 due to lower margins …

Full article: http://thefinance.sg/2012/03/06/kingsmen-fy2011-results-a...

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