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Sheng Siong Group
Broker's Calls
Sheng Siong stays defensive amid rising inflation and GST hike, analysts maintain 'buy'
Sheng Siong had shown sustainable growth in its gross margin over the years, proving its ability to pass rising costs.
January 26, 2023
Billion Dollar Club 2022
Sheng Siong Group dominates industry category yet again; Wilmar scores for earnings growth
Sheng Siong is a regular winner at the BDC
November 10, 2022
Broker's Calls
Analysts positive on Sheng Siong in light of healthy margins for 3QFY2022
The group’s 3QFY2022 results exceeded analysts' expectations, with a revenue and patmi at $333.5 million and $32.8 million
October 31, 2022
Corporate moves
No pandemic? No fear, there is still inflation
These stocks may be coming off their Covid high, but inflation is about to give them another boost.
July 07, 2022
Broker's Calls
Broker's Digest: Sheng Siong Group, UG Healthcare, ST Engineering
Here's what the analysts have to say this week.
May 26, 2022
Results
Sheng Siong records 13.9% increase in 1Q profit, but warns that demand may taper with reopening
The stronger earnings come despite lower government subsidies and higher admin expenses, including giving raises to some staff.
April 26, 2022
Broker's Calls
Broker's Digest: Yangzijiang, Sembcorp Industries, Venture Corp, Sheng Siong Group, Singtel, Genting SIngapore, AEM
See what the analysts have to say about these counters.
April 15, 2022
New appointments
Sheng Siong reshuffles board, appoints three new independent directors
The new directors include member of parliament Cheng Li Hui.
December 22, 2021
Results
Sheng Siong reports 3QFY2021 earnings of $34.4 million, up 8.3% y-o-y
The company is on the lookout for more new locations to open new stores
October 28, 2021
Broker's Calls
Citing "best days over", Maybank Kim Eng calls "sell" on Sheng Siong
For investors looking for “reopening plays”, Chan recommends Thai Beverage and ComfortDelGro.
August 01, 2021