Revenue for the quarter increased by 3.7% y-o-y to $345.8 million, and revenue for the 9MFY2023 increased by 2.6% y-o-y to $1.036 billion.
Sheng Siong Group has reported net profit of $34.8 million for the 3QFY2023 ended Sept, 5.7% higher y-o-y. However, for the 9MFY2023, its net profit decreased by 0.1% y-o-y to $100.3 million.
For this quarter, the group’s net profit margin (NPM) increased 0.2 percentage points (ppts) y-o-y to 10.1%, and declined by 0.2 ppts to 9.7% for the 9MFY2023.
