Submitted By:  Staff Reporter Case Study:  No Same-store sales are expected to bounce back 0.5% after a 0.6% decline in H1. Sheng Siong Group’s same-store sal...

SINGAPORE (July 31): Shares in Sheng Siong Group are marching higher following its 2Q results announcement on Monday, which saw the supermarket chain report earnings in line with consensus expectations. For the 2Q19 ended June, Sheng Siong reported a 7.4% increase in earnings to $18.4 million, as r...

SINGAPORE (July 31): Shares in Sheng Siong Group are marching higher following its 2Q results announcement on Monday, which saw the supermarket chain report earnings in line with consensus expectations. For the 2Q19 ended June, Sheng Siong reported a 7.4% increase in earnings to $18.4 million, as r...

SUPERMARKET group Sheng Siong chalked up a 7.4 per cent year-on-year increase in net profit to S$18.4 million for the second quarter, on the back of greater revenue contributions, slight improvement in gross margin and higher other income.

SINGAPORE (July 29): Supermarket chain Sheng Siong Group has reported earnings of $18.4 million for the 2Q19 ended June, up 7.4% from $17.2 million in 2Q18, on the back of higher revenue. This brings total earnings for 1H19 to $37.8 million, some 6.6% higher than $35.4 million in 1H18. Earnings per...

SUPERMARKET group Sheng Siong posted a 7.4 per cent year-on-year increase in net profit to S$18.42 million for the second quarter ended June 30.

Submitted By:  Arianna Danganan Case Study:  No The contribution of same-store-sales to earnings is expected to hit only 0.5% in 2019-2020. Sheng Siong’s earn...

SINGAPORE: Food manufacturers Gardenia, Nestle and Sunshine Bakeries will ensure that products they make and sell in Singapore will be free of partially hydrogenated oils (PHOs) by June next year. Such items will include bread and instant noodles. Supermarkets NTUC FairPrice, Sheng Siong and Prime ...

CONSUMER sentiment may have softened but local grocery chain Sheng Siong Group appears to be chugging along as it expands both at home and abroad.

SINGAPORE (April 30): Brokers are split on their opinions of Sheng Siong Group (SSG) post the release of the supermarket operator’s 1Q19 results, which saw earnings growth of 5.9% to $19.4 million for the quarter ended March due to higher revenue. While DBS Vickers Securities maintains “buy” ...