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Sheng Siong's Q2 net profit more than doubles to S$46.2m

Singapore

SUPERMARKET chain Sheng Siong's net profit more than doubled in its second quarter to S$46.2 million, from S$18.4 million a year ago, on the back of strong revenue growth, improved gross margin, and government grants.

Revenue for the three months ended June 30, 2020 rose...

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