Gross margins continue to exceed expectations. FY26e will be the 14th consecutive year of rising margins. The increased mix of fresh products has been supported by strong demand in frozen products. We also believe competition is more benign and pricing more rational.
The Positives
(+) Jump in gross margins.
- - Read this at SGinvestors.io -
(+) New stores push revenue growth.
- Read more at SGinvestors.io.
Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.
Paul Chew Phillip Securities Research | https://www.poems.com.sg/ 2026-07-31
Previous report by Phillip:
2026-05-04 Sheng Siong Group - Taking More Stores & Market Share.
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
