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Sheng Siong says virus posed minimal disruption to supplies

Annabeth Leow

Annabeth Leow

Published Fri, Jun 19, 2020 · 09:50 PM

Singapore

POPULAR brands of household essentials have seen a price increase during the coronavirus pandemic, even as the supplies of most items remained unaffected, mainboard-listed supermarket chain Sheng Siong Group told shareholders on Friday.

It also expects variable costs such as inventory, headcount and utilities to increase with the elevated demand from shoppers, although the board said that "we have not made major changes to the operational structure".