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Sheng Siong reports 3QFY2024 earnings of $39.1 mil, up 12.4% y-o-y

Ashley Lo
Ashley Lo • 2 min read
Sheng Siong reports 3QFY2024 earnings of $39.1 mil, up 12.4% y-o-y
Earnings per share stood at 2.6 cents, up from 2.3 cents in 3QFY2023. Photo: Albert Chua/The Edge Singapore
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Sheng Siong Group has reported earnings of $39.1 million for 3QFY2024 ended September, up 12.4% y-o-y from the same period last year. 

Earnings per share stood at 2.6 cents, up from 2.3 cents in 3QFY2023. 

For the same period, the group’s revenue saw a 5% y-o-y increase to $363.2 million. This came on the back of the net increase in total stores to 79, up from 74 in the same period last year. In addition, the group says comparable same store sales rose by 1.5% y-o-y. 

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