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Sheng Siong's Q2 profit up 23.1%, muted outlook
Published Thu, Jul 23, 2015 · 09:50 PM
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Singapore
SUPERMARKET chain Sheng Siong Group on Thursday said that its net profit for the second quarter ended June 30 jumped 23.1 per cent to S$13.6 million, from S$11.1 million in the year-ago period.
The group's gross margin has improved steadily over the past few quarters, mainly due to lower input costs arising from…
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