Sheng Siong
Sheng Siong ends 6.5% higher at record closing price on improved Q3 earnings
The surge comes amid higher third-quarter net profit and its recent expansion moves
Sheng Siong reports 12% increase in Q3 earnings to S$43.7 million
Earnings per share up 11.9% at S$0.0291 for period, from S$0.026 in Q3 2024
NVPC partners SUSS to boost social impact of PVPA 2025 winners, finalists
The 13th edition of the President’s Volunteerism and Philanthropy Awards 2025 has 16 winners across 12 categories
Sheng Siong HQ, warehouse to move to Sungei Kadut for long-term growth
The location will be able to support the 120 supermarkets
Sheng Siong H1 net profit rises 3.5% to S$72.3 million on improved sales mix
Revenue grows 7.1% to S$764.7 million, from S$714.2 million
Maybank initiates coverage on Sheng Siong with ‘buy’ call on DFI sale of Singapore supermarkets
Rival DFI’s S$125 million sale of Singapore Cold Storage, Giant grocers may allow Sheng Siong to gain market share
DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
Analysts note that the supermarket operator has managed to achieve industry-leading margins through a no-frills, disciplined investment approach
Sheng Siong Q1 net profit up 6.1% at S$38.5 million on stronger sales
Revenue is up 7.1%, driven by the opening of eight new stores
Are Singapore’s supermarkets ‘tariff-proof’?
While most grocery prices will remain stable, consumers are likely to tighten their belts ahead of an uncertain economic outlook, say analysts
Sheng Siong CEO Lim Hock Chee’s compensation for FY2024 jumps 20.6% to S$7.06 million
He received a base salary of S$373,000, a variable bonus of S$6.66 million, director’s fees of S$20,000 and benefits in kind amounting to S$16,000
