-
Sheng Siong (SGX:OV8)’s FY26F growth continues to be strong and is on track to meet our estimates. Growth will be led by the full 12-month earnings contribution from its 12 new stores opened in FY25, while FY27F’s growth is expected to be driven by at least seven new outlets this year.
- - Read this at SGinvestors.io -
1H26 earnings in line.
-
Sheng Siong reported 1H26 revenue of S$855m (+12% y-o-y) and earnings of S$81m (+12% y-o-y) – within our expectations. Revenue growth of 12% y-o-y was largely contributed by 12 new stores opened in FY25 and four new outlets opened in 1H26.
- - Read this at SGinvestors.io -
-
An interim dividend of 3.75 cents was declared, amounting to 70% payout ratio, in line with our estimate.
Outlook for new stores remain robust.
- Read more at SGinvestors.io.
Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.
Alfie Yeo RHB Securities Research | https://www.rhbgroup.com/ 2026-07-30
Previous report by RHB:
2026-07-02 Sheng Siong - New Stores To Fuel Growth; Maintain BUY.
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
