Singapore-focused listed companies are having their turn in the spotlight

[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.