Supermarket Operator

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 (Sept 28): Maybank Kim Eng is upgrading Jumbo to a “buy” with a higher target price of 78 cents, while downgrading Sheng Siong to “hold” with a target price of $1.13.