For the reporting period FY2024, revenue for the group grew 4.5% y-o-y to US$1.43 billion, driven by the opening of six new stores in FY2024, and two comparable new stores opened in FY2023 in Singapore, and the improved performance of the existing stores.
Sheng Siong Group has reported earnings of $137.5 million for FY2024 ended Dec 31, 2024, up 2.9% y-o-y. For the 2HFY2024, earnings decreased 1% y-o-y to $67.6 million.
Earnings per share for FY2024 came in at 9.15 cents per share.
