You are here

Sheng Siong Q4 earnings up on better revenue, margins

Group expects competition to remain keen


BOOSTED by higher revenue and improved gross margins, supermarket group Sheng Siong reported a near 24 per cent year-on-year jump in net profit to S$14.61 million for the fourth quarter ended Dec 31, 2015.

The quarter also saw other income rising to S$1.95 million from S$...

BT is now on Telegram!

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