Singapore-focused listed companies are having their turn in the spotlight
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SINGAPORE] The oft-heard complaint is that Singapore’s market is too small and, beyond the banks, no one can make much money from investing in it. This year, the naysayers may find themselves pleasantly surprised.
Case in point: Sheng Siong , Singapore’s second-largest retailer, according to Maybank Research. With a market capitalisation of around S$3.1 billion, the supermarket operator is in the big league. Its share price has risen by some 26 per cent this year.
The group’s recent results are positive, with a 3.5 per cent year-on-year rise in net profit to S$72.3 million for the first half of 2025. Revenue was up 7.1 per cent at S$764.7 million.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
