Latest news with #OldChangKee
Tatler Asia
23-07-2025
- Business
- Tatler Asia
5 Singaporean brands that have gone global
2. Old Chang Kee Above What began as a humble curry puff stall in 1956 now supplies Singaporean snacks around the world (Photo: Facebook / Old Chang Kee Singapore) What began as a humble curry puff stall in 1956 now supplies Singaporean snacks around the world, including Australia, Indonesia and the United Kingdom. Over the years, the brand has held fast to its kitchen-side roots while adapting its menu to ever-changing consumer preferences. Read more: Home tour: Old Chang Kee chairman's gorgeous Singapore house immersed in nature 3. TWG Tea Above First opened in 2008, TWG has since expanded to over 50 tea boutiques across 23 countries (Photo: Facebook / TWG Tea) First opened in 2008, TWG has since expanded to over 50 tea boutiques across 23 countries. Head into any one of its stores and find an extensive selection of tea varieties alongside delectable pastries and tea accessories. Read more How I'm Making It: Taha Bouqdib on how he grew TWG Tea and Bacha Coffee—one cup at a time 4. Charles & Keith Above This brand is synonymous with accessible luxury (Photo: Facebook / Charles & Keith) Established in 1996, this brand is synonymous with accessible luxury, offering trend-focused designs without sacrificing quality. Since its inception, the brand has aimed to make high-fashion accessible, without compromising on craftsmanship or materials. Currently, the brand boasts over 600 stores worldwide. 5. Benjamin Barker Above This Singapore-owned menswear label has been loved for its classic yet elevated pieces (Photo: Facebook / Benjamin Barker) This Singapore-owned menswear label has been loved for its classic yet elevated pieces. Founded by Nelson Yap in 2007, Benjamin Barker was born out of Yap's efforts to revive his family's struggling suit business. The brand has since expanded across Southeast Asia and Australia.
Yahoo
17-07-2025
- Business
- Yahoo
Old Chang Kee Full Year 2025 Earnings: EPS: S$0.093 (vs S$0.08 in FY 2024)
Old Chang Kee (Catalist:5ML) Full Year 2025 Results Key Financial Results Revenue: S$102.0m (up 1.0% from FY 2024). Net income: S$11.3m (up 17% from FY 2024). Profit margin: 11% (up from 9.6% in FY 2024). EPS: S$0.093 (up from S$0.08 in FY 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period The primary driver behind last 12 months revenue was the Singapore segment contributing a total revenue of S$101.7m (100% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to S$40.7m (69% of total expenses). Explore how 5ML's revenue and expenses shape its earnings. Old Chang Kee shares are up 2.0% from a week ago. Risk Analysis Before we wrap up, we've discovered 1 warning sign for Old Chang Kee that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Times
01-07-2025
- Business
- Business Times
DBS returns with weekly S$3 cashback at hawker stalls, heartland shops
[SINGAPORE] Singaporeans can enjoy a S$3 cashback when they spend at hawker stalls, heartland shops and wet markets on Saturdays from Jul 12 to Sep 27. This is a a reboot of the programme that was first launched in August 2023 and lasted till July 2024. DBS on Sunday (Jun 29) said that the move is part of the bank's SG60 benefits to boost customer savings. The initiative allows the first 160,000 people who scan and pay with PayLah! at more than 22,000 participating hawker stalls, heartland shops and wet markets from 8 am to receive the cashback. These merchants will display the PayLah! Scan to Pay sticker and have to be SGQR-code-enabled. Over the next three months, DBS will offer some two million cashback rewards that can be redeemed from purchases in the heartlands via DBS Paylah!. POSB debit and credit card holders can also access S$0.60 and S$6 meal deals at participating food and beverage (F&B) outlets. A NEWSLETTER FOR YOU Friday, 2 pm Lifestyle Our picks of the latest dining, travel and leisure options to treat yourself. Sign Up Sign Up From Jul 1 to Sep 30, those who use POSB Everyday Cards and PAssion POSB Debit Cards can buy S$0.60 deals at participating F&B outlets, including local favourites such as Old Chang Kee and BreadTalk. Meanwhile, KFC will offer S$6 meal deals. From Aug 1, DBS/POSB cardholders can redeem DBS Points and POSB Daily$ – rewards earned from retail spending – for new DBS Rewards Flexi eVouchers on PayLah!, which can be spent at any merchant with a valid Nets SGQR code. From Aug 1 to Sep 30, DBS cardholders who redeem 6,000 DBS Points in exchange for a S$60 DBS Rewards Flexi eVoucher will receive additional S$60 in cashback. The newly announced cashbacks are part of the bank's year-long benefits for SG60, which first launched in March. Lim Him Chuan, DBS Singapore country head, said: 'The positive reception to our PayLah! weekly cashback initiative has been encouraging… Through our entire suite of support measures, we seek to ease living and business costs, as well as enhance the well-being of our society.' In addition, from September, members of the public can sign up for complimentary sunset sail rides at Marina Bay every Friday evening. There will be free programmes showcasing Singaporean music, poetry and films at the DBS Foundation Outdoor Theatre at the Esplanade over the weekend. Throughout the year, the bank will continue its POSB Support Our Heartlands community engagement efforts, which include scaling digital and financial literacy carnivals and getai roadshows, which aim to educate local neighbourhoods.
Yahoo
02-06-2025
- Business
- Yahoo
Old Chang Kee's (Catalist:5ML) Earnings May Just Be The Starting Point
Even though Old Chang Kee Ltd.'s (Catalist:5ML) recent earnings release was robust, the market didn't seem to notice. Our analysis suggests that investors might be missing some promising details. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. As finance nerds would already know, the accrual ratio from cashflow is a key measure for assessing how well a company's free cash flow (FCF) matches its profit. The accrual ratio subtracts the FCF from the profit for a given period, and divides the result by the average operating assets of the company over that time. This ratio tells us how much of a company's profit is not backed by free cashflow. As a result, a negative accrual ratio is a positive for the company, and a positive accrual ratio is a negative. While having an accrual ratio above zero is of little concern, we do think it's worth noting when a company has a relatively high accrual ratio. Notably, there is some academic evidence that suggests that a high accrual ratio is a bad sign for near-term profits, generally speaking. Old Chang Kee has an accrual ratio of -2.08 for the year to March 2025. That indicates that its free cash flow quite significantly exceeded its statutory profit. Indeed, in the last twelve months it reported free cash flow of S$23m, well over the S$11.3m it reported in profit. Old Chang Kee's free cash flow actually declined over the last year, which is disappointing, like non-biodegradable balloons. However, that's not all there is to consider. The accrual ratio is reflecting the impact of unusual items on statutory profit, at least in part. View our latest analysis for Old Chang Kee Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Old Chang Kee. While the accrual ratio might bode well, we also note that Old Chang Kee's profit was boosted by unusual items worth S$975k in the last twelve months. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And that's as you'd expect, given these boosts are described as 'unusual'. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is). In conclusion, Old Chang Kee's accrual ratio suggests its statutory earnings are of good quality, but on the other hand the profits were boosted by unusual items. Considering all the aforementioned, we'd venture that Old Chang Kee's profit result is a pretty good guide to its true profitability, albeit a bit on the conservative side. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. For example, we've discovered 1 warning sign that you should run your eye over to get a better picture of Old Chang Kee. In this article we've looked at a number of factors that can impair the utility of profit numbers, as a guide to a business. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Straits Times
31-05-2025
- Business
- Straits Times
Savour seven high tea sets from $25.90
SINGAPORE – School is out and the sun is up, which means most of the country is flocking east – to the airport. If you have opted out of the mid-year vacation crush, there are still ways to take a well-deserved break in Singapore. Why not put on your Sunday best and treat yourself to a leisurely afternoon tea? The British tradition originating in the 19th century has yet to fall out of fashion, even with patrons gravitating towards casual dining. 'Its relevance has remained strong, primarily because afternoon tea is viewed not as an everyday meal, but as an indulgent and experiential occasion. Guests seek it out to mark special moments – be it a birthday, bridal shower or leisurely weekend catch-up,' says InterContinental Singapore executive pastry chef Jason Goh, 40. However, diners these days expect more than just scones and cucumber sandwiches. Pullman Singapore Hill Street's general manager Mazen Abilmona, 49, notes: 'They are more intentional with their spending, and are looking for offerings that feel purposeful, personal and layered with meaning. Rather than just a mid-afternoon indulgence, afternoon tea has evolved into a platform for storytelling.' In response, some hotels have teamed up with snack chains to offer trendy bites. In March and April , Sofitel Singapore City Centre collaborated with Japanese confectioner Warabimochi Kamakura on its springtime afternoon tea, while Pullman Singapore Hill Street worked with local finger foods stalwart Old Chang Kee to offer a taste of heritage. 'For many of our local guests, Old Chang Kee is a brand they grew up with. By reimagining these iconic local flavours in a refined format, from mini Curry'O and Sardine'O puffs to laksa vol-au-vents topped with caviar, we created an experience that felt both deeply personal and delightfully unexpected,' adds Mr Abilmona. High tea remains operationally strategic for restaurants too, allowing them to maximise business and manage costs with forecasted covers. Ami Patisserie chef-director Makoto Arami, 36, says: 'It fills the post-lunch, pre-dinner lull, turning what would usually be quiet hours into an opportunity.' Here are seven afternoon tea sets to check out in June. Taiwan-inspired high tea Choose from two high tea sets at Typhoon Cafe. PHOTO: TYPHOON CAFE Where: Typhoon Cafe, 04- 63 Plaza Singapura, 68 Orchard Road When: 2 to 6pm, Mondays to Fridays Info: Get a taste of Taiwan's bustling night markets without having to jostle through a sweaty crowd. At Taiwanese eatery Typhoon Cafe, these treats are served on a tray and interspersed with cups of Gifel Tea, a home-grown brand that prides itself on handpicked exotic brews. Opt for the Exploration Menu, which pairs golden chicken fritters with fruity black tea, mala pancake with lemongrass detox tea, lu rou Momofuku bun with melon oolong tea, and coffee tiramisu cake with earl grey tea. Or try the Discovery Menu: deep-fried shimeiji mushrooms with white ginger pear tea, chilli oil dumplings with Moroccan mint tea, mei cai Momofuku bun with breakfast tea, and ondeh-ondeh cake with a blend of goji berries, tea leaves and floral scents. Each set, available only at Typhoon Cafe's Plaza Singapura branch, can be shared among two people and costs $25.90++. Guests have the option to add free-flow tea for $5.90++. Bubble tea high tea High tea at Kebuke in Sembawang Shopping Centre. PHOTO: KEBUKE Where: Kebuke @ SSC, 01-01 Sembawang Shopping Centre, 604 Sembawang Road When: 11am to 9.30pm, Sundays to Thursdays; 11am to 10pm, Fridays and Saturdays Info: @kebukesg on Instagram If you are the kind of person whose idea of sustenance starts and ends with bubble tea, this one is for you. Kebuke launched its high tea set ($28.80 a person) earlier in 2025 . Blending the Western tradition with artisanal Taiwanese tea, the tiered dessert platter consists of two medium classic teas or milk tea lattes, two sliced cakes, four cream puffs and six cookies. New bakes include a choux pastry filled with rice oolong tea-infused cream, a cream puff flavoured with peach black tea, butter and coffee cookies, as well as a fudge chocolate cake. 'To us, tea is more than just a beverage, it's a lifestyle. The high tea set was born from our desire to showcase the versatility of our artisanal tea leaves, not only in drinks, but also in food,' says Kebuke Singapore director Remus Kan, 29. 'By incorporating our signature brews into freshly made pastries, we offer a refined yet approachable way to enjoy tea culture in every bite.' The high tea set is available only at Kebuke's outlet in Sembawang Shopping Centre. Peter Rabbit-inspired high tea Peter Rabbit-inspired high tea at Skai Restaurant. PHOTO: SKAI RESTAURANT Where: Skai Restaurant, Level 70 Swissotel The Stamford, 2 Stamford Road When: Till June 30, 3 to 5pm daily Info: Hop over to Skai Restaurant for its Peter Rabbit-inspired high tea. Themed after English writer Beatrix Potter's beloved character, it injects pastoral flair into classic high tea bites. The foie gras and apple filled tartlet, for instance, is fashioned into one of Mr McGregor's – the antagonist in the children's book – shiny red apples. The croissant with tomato, melon and honey ricotta pays tribute to the garden's vibrant bounty, while the wild mushroom mousse with parmesan, cep and sherry vinegar recalls the secret hideaways of another character, Squirrel Nutkin. There are sweet treats too, like a waffle basket brimming with blueberries and edible flowers, as well as a toadstool-shaped vanilla raspberry cheesecake. 'Themed afternoon teas are part of how we stay relevant and creative. It's not just about food, it's also about storytelling. Peter Rabbit offers a nostalgic yet whimsical lens that resonates across generations,' says Mr Marshall Orton , 59, general manager of food and beverage at Swissotel The Stamford, where Skai is located. He adds that by tying in cultural icons or artistic inspiration, the restaurant is able to surprise and engage guests, who are starting to skew younger. Alongside families and mother-daughter duos are now Gen-Z clients, who are drawn to the Instagram- worthy experience. The high tea is available till June 30 and runs daily from 3 to 5pm. The menu is priced at $68++ an adult and $34++ a child aged six to 12 , inclusive of a choice of mocktail, TWG tea or gourmet coffee. Drinks can be upgraded to cocktails like Mischief In The Garden – a sweet and earthy concoction with vodka and carrot juice – for an extra $25. Savoury skewers and sliders Opus Bar & Grill's skewers and sliders stack. PHOTO: OPUS BAR & GRILL Where: Opus Bar & Grill, voco Orchard Singapore, 581 Orchard Road When: Noon to 5pm, Mondays to Fridays; 3 to 5pm, Saturdays and Sundays Info: Opus Bar & Grill has noticed a shift in its afternoon tea crowd. Gone is the monopoly of silver-haired sybarites. Today's diners are younger, more diverse and drawn to bolder flavours. In response, the steakhouse has revamped its midday experience, moving away from traditional finger sandwiches and petit fours to feature savoury light bites that appeal to a wider range of tastebuds. There are skewers spiced up with Asian influences – think teriyaki salmon, bulgogi wagyu beef, chicken masala and miso eggplant – alongside sliders in the form of mini cheeseburgers, smoked beef brisket and crispy fish fillet combos. A trio of desserts consisting of a cheesecake and dark chocolate brownie with hazelnut creme completes the set. 'We wanted to move away from a traditional afternoon tea – where sweets often take centre stage – and have curated a menu with a more savoury-forward approach,' says executive chef Dean Bush, 53, of voco Orchard Singapore , where Opus Bar & Grill is located. Since diners prefer personalised experiences , the restaurant invites them to pick a teacup that resonates with their mood and style from its eclectic collection. It can accommodate dietary preferences where possible – for instance, by swopping proteins for plant-based alternatives or adjusting marinades. The Skewers & Sliders Stack is available at $54++ for two diners, including free-flow speciality coffee, artisanal teas and soft drinks. Spring journey The Chef's Table Discovery Experience at Ami Patisserie includes a Hokkaido crab tartlet. PHOTO: AMI PATISSERIE Where: Ami Patisserie, 27 Scotts Road When: Noon and 6.30pm, Wednesdays; noon, 3 and 6.30pm , Thursdays to Sundays Info: Spring at Ami Patisserie brings with it a fresh six-course journey ($118++ a person) through chef Makoto Arami's pastry finesse. Light and airy yet filling, the menu highlights seasonal ingredients like citrus, young ginger and tender asparagus. It starts with a miso madeleine topped with a smoky puree of charred eggplant, before diving into a Hokkaido crab tartlet encased in buttery layers of honey-brushed filo pastry. Bits of ginger and green apple add a burst of springtime brightness. Next comes the chef's version of a wagyu sando – smoked Omi beef on pan-seared brioche, crowned with uni and wasabi cream – followed by an asparagus tart with Parma ham and sauteed shiitake mushrooms. To round off the meal, there are three desserts featuring the season's bounty of mandarin oranges, dark chocolate and strawberries. 'Each course draws from my food memories and favourite flavour combinations,' says chef Arami , 36. For example, the strawberry sakura dessert that includes rice pudding and coconut is a tribute to his grandfather's traditional sakura mochi . 'I aspire to change diners' perspectives on the role of pastries with the Japanese concept of ' tsudo' – a pastry should be savoured at any time of the day, even as a meal in itself.' As such, the menu is available for lunch, afternoon tea and dinner. Guests are served in a nine-seater room, where pastries are assembled and plated on a counter before their eyes. Golden Nectar Afternoon Tea Golden Nectar Afternoon Tea at The Lobby Lounge. PHOTO: INTERCONTINENTAL SINGAPORE Where: The Lobby Lounge, Level 1 InterContinental Singapore, 80 Middle Road When: Till July 15, 1 to 3pm, 3.30 to 5.30pm daily Info: It is golden hour at InterContinental Singapore, which has built its latest afternoon tea menu around one sweet ingredient – honey. Flowing in courtesy of New Zealand honey retailer Comvita, this nectar is infused into The Lobby Lounge's many delicate bites, presented on a rustic tiered stand for a homely feel. Among the menu's gilded creations are a delicate vanilla panna cotta sweetened with multifloral honey and crowned with meringue and a little bee made of chocolate, as well as a sweet and tart honey redcurrant mousse made of financier sponge , lemon yuzu compote and rewarewa honey. It also includes a ginger manuka honey tartlet, clover honey-miso glazed salmon and pistachio manuka honey choux puff. 'We wanted to create something that felt both indulgent and intentional. Comvita's manuka honey not only adds a naturally sweet, floral complexity to our creations, but also aligns beautifully with the growing desire among guests for ingredients that offer health benefits alongside taste,' says executive chef Jason Goh, 40. Wash it all down with Queen Bee ($20++), a cocktail that packs a citrusy punch, stirred with kumquat liqueur , lemon, yuzu, lemon bitters and manuka honey. For a non-alcoholic option, try the Honey Buzz mocktail ($16++), which blends Comvita Manuka Leaf Blend Tea, manuka honey, cloudy apple juice and lemon. Each foray into this candied colony costs $65++ a person on weekdays and $70++ a person on weekends, inclusive of a serving of coffee or loose-leaf tea, and free-flow ice cream. Gluten-free and dairy-free options are available too, as well as a vegan afternoon tea set – one of few in Singapore. Tropical Fruits Afternoon Tea Tropical Fruits Afternoon Tea at Singapore Marriott Tang Plaza Hotel. PHOTO: SINGAPORE MARRIOTT TANG PLAZA HOTEL Where: Lobby Lounge, Level 1 Singapore Marriott Tang Plaza Hotel, 320 Orchard Road When: 3 to 5.30pm, Mondays to Thursdays; 2 to 3.30pm and 4 to 5.30pm, Fridays to Sundays Info: Nothing spells summer like a basket – or delicately plated tray – of tropical fruit. And in the sun-speckled Lobby Lounge of Singapore Marriott Tang Plaza Hotel, they sit ripe and ready for picking. Passionfruit, coconuts, mangoes, kiwis and bananas are turned into pastries like a sponge cake topped with tangy kiwi compote and silky yogurt chantilly, as well as a chocolate banana choux finished with hazelnut praline. There is also a tart draped with mango-passionfruit jelly, and a coconut and mango panna cotta dotted with nata de coco. Balancing out these sweet nibbles are savoury bites, such as a smoked salmon seaweed roulade with wasabi mayonnaise and a Thai-style chicken with pineapple tartlet. 'Our high tea experience distinguishes itself by embracing local culture and flavours. We curate themed menus that celebrate our rich heritage, incorporating local produce and ingredients to create unique and memorable offerings,' says Ms Marisa Ng, 40, the hotel's director of sales and marketing. The set, served until the end of June, costs $68++ for two people from Mondays to Thursdays, and $58++ a person on Fridays to Sundays. Check out ST's Food Guide for the latest foodie recommendations in Singapore.
