Floating Button
Home Capital Broker's Calls

Sheng Siong kept at 'buy' for defensive stance in supermarket space

Samantha Chiew
Samantha Chiew • 4 min read
Sheng Siong kept at 'buy' for defensive stance in supermarket space
SINGAPORE (Feb 27): Sheng Siong is a “buy” for most research houses.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Feb 27): Sheng Siong is a “buy” for most research houses.

Sheng Siong on Monday announced that its FY18 earnings increased by 1.4% y-o-y to $70.8 million, on the back of a 7.4% increase in FY18 revenue to $890.0 million

For 4Q18, earnings increased by 4.2% to $27.5 million, while revenue saw a 10.7% increase to $221.8 million, due largely to contributions from new stores.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.