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Sheng Siong's Q3 profit rises 25% to S$19.6m

Published Thu, Oct 26, 2017 · 09:50 PM

Singapore

SUPERMARKET chain Sheng Siong Group has reported higher third-quarter earnings, lifted by a rise in revenue and a S$2.2 million refund of previous years' taxes.

Net profit for the three months as at end-September rose 25.3 per cent year-on-year to S$19.6 million, representing earnings per share of 1.31 cents, up from 1.04 cents a year ago.

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