Sheng Siong Q1 earnings jump 19.3%

SUPERMARKET chain Sheng Siong Group posted a 19.3 per cent year-on-year increase in net profit in the first quarter as marketing initiatives and longer operating hours bore fruit.

Net profit rose to $12.5 million, or 0.91 cents per share, for the three months ended March 31.

No dividend was declared, similar...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to