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We continue to see Sheng Siong (SGX:OV8)’s FY26F growth fuelled by the full 12-month earnings contribution from its 12 new stores opened in FY25, while FY27F growth will be boosted by at least seven new outlets opened this year.
- - Read this at SGinvestors.io -
Pace of store openings progressing well.
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Sheng Siong has opened four new outlets and secured another three new outlets year-to-date. It is also awaiting bidding results for one outlet at Tengah Garden Avenue. With that, Sheng Siong has exceeded our new store opening assumption of six stores this year.
- - Read this at SGinvestors.io -
Construction of new DC taking shape.
- 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/ 2026-07-02
Previous report by RHB:
2026-05-04 Sheng Siong - Expect More Market Penetration; Keep BUY.
Price targets by 5 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
