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Sheng Siong Q3 profit up 18.7%

SHENG Siong Group.jpg
Sheng Siong Group on Thursday posted an 18.7 per cent growth in net profit for its fiscal third quarter on the back of new-store sales and higher operating margins.

Singapore

SHENG Siong Group on Thursday posted an 18.7 per cent growth in net profit for its fiscal third quarter on the back of new-store sales and higher operating margins.

Net profit in the three months ended September rose to $14.5 million, or 0.96 Singapore cent per share, as