K2 F&B Holdings Limited logo

K2 F&B Holdings Limited

2108.HK

HKSEConsumer CyclicalRestaurants

Latest quote

HK$0.36

−HK$0.01 · -2.70%

Aug 24, 11:22 AM HKT

2108.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

K2 F&B Holdings Limited is a Singapore-based food and beverage enterprise that oversees the management and operation of various food centers and hawker-style streets. The company's operations are divided into two main segments. Its Outlet Management division focuses on leasing culinary premises to tenants within its food establishments, alongside offering essential services like facility administration, cleaning, and utilities. This segment currently handles the management and leasing for 13 different food outlets. The second segment, Food and Beverage Operations, directly engages with consumers by retailing a diverse selection of cooked meals, beverages, and tobacco products through its own stalls. Their food offerings span popular local dishes such as mixed vegetable rice, zi char, an array of roasted meats, and chicken rice, complemented by breakfast staples like kaya toast, boiled eggs, and various noodle dishes. The beverage stalls feature an assortment of drinks including coffee, tea, canned sodas, and syrup-based juices like calamansi and water chestnut. These beverage outlets also provide alcoholic beverages and cigarettes.

Industry
Restaurants
Sector
Consumer Cyclical
Headquarters
SG
CEO
Chee Keong Chu
Listed since
Mar 6, 2019
Employees
313

Market position

Day range

Current HK$0.36

52-week range

Current HK$0.36

Open
HK$0.365
Previous close
HK$0.37
Volume
136K
0.89× average
Average volume
153.11K
Average daily volume
Market cap
288M HKD
Beta
0.2
Market reference 1
50-day average
HK$0.4428
-18.70% below average
200-day average
HK$0.3861
-6.76% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
4.9×
P/B (TTM)
0.47×
P/S (TTM)
0.91×
Dividend yield
5.24%

Profitability & efficiency

Gross margin
69.13%
Operating margin
23.92%
Net margin
18.56%

Financial health

Debt / equity
0.97×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends76%50%24%-2%Gross margin, FY2021: 36.94%Gross margin, FY2022: 40.47%Gross margin, FY2023: 64.98%Gross margin, FY2024: 66.19%Gross margin, FY2025: 69.13%Operating margin, FY2021: 18.39%Operating margin, FY2022: 22.11%Operating margin, FY2023: 19.16%Operating margin, FY2024: 21.79%Operating margin, FY2025: 23.92%Net margin, FY2021: 12.22%Net margin, FY2022: 12.00%Net margin, FY2023: 13.11%Net margin, FY2024: 4.92%Net margin, FY2025: 18.56%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 36.94%. Gross margin FY2022 40.47%. Gross margin FY2023 64.98%. Gross margin FY2024 66.19%. Gross margin FY2025 69.13%. Operating margin FY2021 18.39%. Operating margin FY2022 22.11%. Operating margin FY2023 19.16%. Operating margin FY2024 21.79%. Operating margin FY2025 23.92%. Net margin FY2021 12.22%. Net margin FY2022 12.00%. Net margin FY2023 13.11%. Net margin FY2024 4.92%. Net margin FY2025 18.56%.

Income trends

Revenue

51.51M HKD-9.91%

Operating income

12.32M HKD-1.11%

Net income

9.56M HKD+240.09%
Income trends across reported periods62.61M HKD40.86M HKD19.12M HKD−2.63M HKDRevenue, FY2021: 37.39M HKDRevenue, FY2022: 47.29M HKDRevenue, FY2023: 55.74M HKDRevenue, FY2024: 57.17M HKDRevenue, FY2025: 51.51M HKDOperating income, FY2021: 6.87M HKDOperating income, FY2022: 10.46M HKDOperating income, FY2023: 10.68M HKDOperating income, FY2024: 12.46M HKDOperating income, FY2025: 12.32M HKDNet income, FY2021: 4.57M HKDNet income, FY2022: 5.67M HKDNet income, FY2023: 7.31M HKDNet income, FY2024: 2.81M HKDNet income, FY2025: 9.56M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 37.39M HKD. Revenue FY2022 47.29M HKD. Revenue FY2023 55.74M HKD. Revenue FY2024 57.17M HKD. Revenue FY2025 51.51M HKD. Operating income FY2021 6.87M HKD. Operating income FY2022 10.46M HKD. Operating income FY2023 10.68M HKD. Operating income FY2024 12.46M HKD. Operating income FY2025 12.32M HKD. Net income FY2021 4.57M HKD. Net income FY2022 5.67M HKD. Net income FY2023 7.31M HKD. Net income FY2024 2.81M HKD. Net income FY2025 9.56M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue51.51M HKD57.17M HKD55.74M HKD47.29M HKD37.39M HKD
Cost of goods sold15.9M HKD19.33M HKD19.52M HKD28.15M HKD23.58M HKD
Gross profit35.61M HKD37.84M HKD36.22M HKD19.14M HKD13.81M HKD
Selling, general, and administrative1.33M HKD1.75M HKD1.98M HKD4.49M HKD2.55M HKD
Operating expenses23.29M HKD25.39M HKD25.54M HKD13.74M HKD8.18M HKD
Interest income43K HKD3K HKD22K HKD
Interest expense3.22M HKD3.62M HKD2.79M HKD1.64M HKD1.53M HKD
Depreciation and amortization1.76M HKD2.03M HKD5.01M HKD3.5M HKD1.34M HKD
Operating income12.32M HKD12.46M HKD10.68M HKD10.46M HKD6.87M HKD
Net income9.56M HKD2.81M HKD7.31M HKD5.67M HKD4.57M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.07

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.110.060.01-0.04Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q3 2022, reported Aug 26, 2022: actual 0.009, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 1, 2023: actual 0.032, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 28, 2023: actual -0.004, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 0.058, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual -0.001, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 0.021, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 0.002, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 26, 2026: actual 0.07, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates180.09M158.9M137.71M116.52MQ3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q3 2022, reported Aug 26, 2022: actual 123.45M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 1, 2023: actual 146.92M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 28, 2023: actual 152.73M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 173.16M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual 164.82M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 162.42M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 160.29M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 26, 2026: actual 153.92M HKD, estimate —, surprise —, Comparison unavailable.

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