Record gross margin of 32.8% supported by improved sales mix.
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Management attributed the margin uplift to a higher contribution from the higher margin fresh category, alongside margin improvements in non-fresh categories.
- - Read this at SGinvestors.io -
RTS impact remains uncertain, but convenience and supply chain dynamics should help mitigate risks.
- Read more at SGinvestors.io.
Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.
Zheng Feng Chee DBS Group Research | https://www.dbs.com/insightsdirect/ 2026-07-30
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2026-05-04 Sheng Siong - Stellar 1Q, Normalisation Ahead.
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