The Business Times
business-time-50

Sheng Siong Q4 profit flat at S$17.4m; new stores important source of revenue growth

google-preferred-sourceAdd BT as a preferred source
Published Thu, Feb 20, 2020 · 09:50 PM
Sheng Siong

Singapore

HEARTLAND supermarket operator Sheng Siong on Thursday posted a fourth-quarter net profit of S$17.4 million, down 0.4 per cent from S$17.5 million in the same period a year earlier.

Revenue in the three months ended Dec 31, 2019 rose 11.8 per cent to S$247.9 million. Gross profit also rose 11.8 per cent to S$67.4 million.

Sheng SiongCovid-19

TRENDING NOW

Employees may grumble about long hours, difficult clients or demanding deadlines, but often the biggest push factor is how they are treated.

What makes a good job? Feeling that you matter

The two-storey bungalow on the site. The latest indicative price reflects S$3,313 psf on the land area.

Lermit Road bungalow owned by family of Dennis Lee’s son on the market at S$98.8 million

Norris Road in Little India. An operator of unlicensed money remittance services for migrant workers was sentenced to jail recently.

A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap

Loh Hwee Long, CEO of the manager, says the increase in data centre demand, underpinned by organic drivers and acquisition, has resulted in the group delivering stronger earnings.

Keppel DC Reit prepares Singapore data centre for potential redevelopment; H1 DPU up 11.3%

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More