Cash flow generated from operating activities for 3QFY2025 increased by 50.6% y-o-y to $89.0 million, supported by higher profit reported and favourable working capital changes in this period. The group ended the quarter with a cash and cash equivalents balance of $393.7 million as of Sept 30.
Analysts are expecting a strong growth ahead for supermarket operator Sheng Siong, as the group has a steady pipeline of store openings in the near-term. The group also released its latest 3QFY2025 ended September which supports the group’s growth plans.
The results saw revenue gain 14.4% y-o-y to $415.5 million for the 3QFY2025 period, while revenue gained 9.5% y-o-y for the 9MFY2025 period to $1.18 billion. This brings 3QFY2025 earnings to $43.7 million (+11.9%) and 9MFY2025 earnings to $116.1 million (+6.5%).
