Sheng Siong
Sheng Siong is a supermarket chain in Singapore that sells over 1,200 products under 18 house brands, ranging from food products to paper goods.
See below for the Latest Sheng Siong News, Analysis, Profit Results, Share Price Information, and Commentary.
Singapore’s Jewels: 20 small-cap companies that investors should pay attention to
Singapore’s Jewels: 20 small-cap companies that investors should pay attention to
“Jewels” have a market capitalisation range of up to $1.5b.
Sheng Siong Group records slight uptick in net profit in FY22
Its net profit rose 0.4% YoY to $133.6m.
Sheng Siong’s net profit up by 13.9% YoY in Q1
The group’s revenue also increased by 6% in the first quarter of 2022.
Sheng Shiong Group mulls opening 3 to 5 stores yearly
The opening of new stores is part of the group's plan to expand its footprint in SG.
Sheng Shiong net profit up 8.3% y-o-y to $34.4m for 3Q FY2021
Gross profit also saw a jump by 14.2% to $100.9m.
Sheng Siong buys new property in New World Centre for $17m
To date, the purchase is 10% paid.
Sheng Siong sets up 4th store in China
This brings its store count 67 across Singapore and China.
Sheng Siong's 'bad' store locations are growth areas: RHB Research
Analysts see opportunities in outlets located away from malls such as Fernvale Street and Edgedale Plains.
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