- Sheng Siong (SGX:OV8) has opened four new stores as of July 2024, above its target of at least three stores per year. Store opening is expected to accelerate from 2H24.
Sheng Siong tendered for three new stores and plans to bid for seven more stores in 2H24
- - Read this at SGinvestors.io -
- Sheng Siong also tendered for three new stores and plans to bid for seven more stores in 2H24. We expect Sheng Siong’s store opening to accelerate from 2H24.
- - Read this at SGinvestors.io -
Gross profit margin (GPM) hit another record high in 2Q24
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
OCBC Research Team OCBC Investment Research | https://www.iocbc.com/ 2024-09-30
Previous report by OCBC:
2024-04-04 Sheng Siong - Store Opening Likely To Accelerate In FY24.
Price targets by 3 other brokers at Sheng Siong Target Prices.
Listing of research reports at Sheng Siong Analyst Reports.
Relevant links:
Sheng Siong Share Price History,
Sheng Siong Announcements,
Sheng Siong Dividends & Corporate Actions,
Sheng Siong News Articles
