Singapore-focused listed companies are having their turn in the spotlight
Add BT as a preferred source
[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.
TRENDING NOW
Indonesian court upholds earlier dismissal of 2.28 trillion rupiah claim on Keppel unit’s land
Xi Jinping has just rewritten the rules of US-China rivalry
Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing
China traders rush for exit after cross-border flow crackdown
