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Sheng Siong (SGX:OV8)’s 1H26 revenue of S$855.4m (+11.9% y-o-y) and earnings of S$81.0m (+11.9% y-o-y) are largely in line with expectations, forming 50.7%/51.3% of our full-year forecasts respectively. The strong performance is driven by contributions from 16 new stores, alongside 3.3% same-store sales growth.
- - Read this at SGinvestors.io -
Healthy expansion pipeline supports long-term growth.
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Sheng Siong expects to open three new stores in 3Q26 (Hougang, Rivervale Crescent and Woodlands), further strengthening its presence across Singapore. This brings the total confirmed number of new stores in 2026 to seven, above the management target of opening three to five new stores annually.
- - Read this at SGinvestors.io -
Interim dividend +17% y-o-y
- Read more at SGinvestors.io.
Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.
Tang Kai Jie UOB Kay Hian Research | https://research.uobkayhian.com/ 2026-07-31
Previous report by UOB:
2026-05-04 Sheng Siong Group 1Q26 - Scaling The Heartlands; Growth On Track.
Price targets by 4 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 Dividend Payout Dates & Corporate Actions,
Sheng Siong News
