Sheng Siong

BROKERS’ TAKE

DBS, RHB raise Sheng Siong target prices on expansion runway, CGSI holds steady

Sheng Siong's cash flow from operating activities rose by S$11.6 million in Q1, from higher profit and more non-cash payments received during the quarter.

Sheng Siong Q1 net profit up 12.6% on stronger sales

Sheng Siong notes that while the Middle East conflict has increased costs for energy and freight, it manages such risks through diversified sourcing and direct procurement.

S$8m director pay, Iran war risks among issues raised by Sheng Siong investors ahead of AGM

Bringing forward the release of S$500 in Community Development Council Vouchers and enhancing Cost-of-Living payments are expected to drive immediate footfall to heartland supermarkets.

Sheng Siong, DBS among winners of Singapore’s S$1 billion energy support package: RHB

Sheng Siong posted an 8.7% rise in net profit for the full year ended Dec 31, 2025 to S$149.5 million.
BROKERS’ TAKE

CGSI upgrades Sheng Siong to ‘add’; RHB raises target price on store outlook

Sheng Siong's board proposed a final dividend of S$0.038, which will bring its total dividend to S$0.07 for FY2025.

Sheng Siong posts 14% jump in H2 profit to S$77.1 million on improved sales mix

Sheng Siong is set to release its financial results on Mar 2.
HOT STOCK

Sheng Siong shares close 4.2% lower after OCBC downgrade

Exterior view of the Sheng Siong branch at block 512 in Bishan on Nov 25, 2024. Can be used for stories on cost of living, inflation, groceries, daily expenses, budget. 

Sheng Siong awards long-serving staff members with gold coins

The supermarket operator on Oct 30 recorded a net profit of S$43.7 million for its third quarter ended Sep 30, 2025, an 11.9% increase from the year-ago period.
HOT STOCK

Sheng Siong ends 6.5% higher at record closing price on improved Q3 earnings

Consumer spending in supermarkets and heartland shops continue to be supported by CDC and SG60 vouchers, says Sheng Siong, but it notes that competition remains intense and may put pressure on margins.

Sheng Siong reports 12% increase in Q3 earnings to S$43.7 million