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Sheng Siong raises interim dividend on higher Q2 profit

Earnings up 7.4%, thanks to higher revenue contributions, improvement in gross margin and higher other income

Singapore

SUPERMARKET group Sheng Siong chalked up a 7.4 per cent year-on-year increase in net profit to S$18.4 million for the second quarter, on the back of greater revenue contributions, slight improvement in gross margin and higher other income.

Revenue for the three months to...

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