Sheng Siong Group

SINGAPORE (Apr 27): Sheng Siong Group saw its earnings grow 6.6% to $18.3 million for the 1Q ended March, from $17.1 million a year ago.

SINGAPORE (Mar 27): Dairy Farm International is turning to its new CEO Ian McLeod to save the day.

SINGAPORE (Jan 22): A new 11,800 sq ft, 24-hour store opened by Sheng Siong Group in Woodlands last month could begin drawing away some of the more price-sensitive customers of two NTUC FairPrice stores, each located about a seven-minute walk away. Five C

SINGAPORE (Oct 30): Sheng Siong on Thursday announced its 3Q17 results, posting a 25.7% increase in earnings to $19.7 million compared to $15.7 million last year due to higher revenue, a refund of prior years’ taxes of $2.2 million and marginally lower

SINGAPORE (Oct 27): RHB Research believes supermarket chain Sheng Siong Group needs to turn to new store openings and same-store sales growth (SSSG) to make up for the end of its gross profit margin (GPM) expansion.

SINGAPORE (Oct 26): Sheng Siong Group, the grocery and fresh food supermarket retailing chain, posted 3Q17 earnings of $19.7 million, 25.7% higher than $15.7 million last year.

SINGAPORE (Sept 7): OCBC Investment Research is keeping its “buy” call on supermarket chain Sheng Siong Group with an unchanged fair value estimate of $1.04 despite competition heating up in Singapore’s grocery landscape.

SINGAPORE (July 21): DBS expects modern grocery retail (MGR) to grow further as it has increased its penetration by 30% in Asean-5 over the past two years, from 29.6% in 2015.

SINGAPORE (April 28): Supermarket chain Sheng Siong Group posted earnings of $17.1 million for the first quarter ended March 31, rising 4.4% from $16.4 million a year ago.

SINGAPORE (Feb 1): OCBC is keeping its “neutral” call for the consumer sector but reiterating its “buy” on supermarket operator Sheng Siong Group with a target price of $1.15, thanks to the company’s management strength and largely stable, cash-