Sheng Siong Group Ltd

OV8

SG2D54973185

Food Retail & Distribution

Market Closed - Singapore S.E. Other stock markets 05:06:02 2024-05-09 am EDT			5-day change	1st Jan Change
1.5 ^SGD	-1.32%		-3.85%	-6.25%

Apr. 30	Sheng Siong Group Ltd Appoints Lin ZiKai as Director, Customer and Operations, Effective from May 01, 2024	CI
Apr. 30	Sheng Siong Group Ltd Appoints Lin Yuansheng as Director, Warehouse and Logistics, Effective from May 01, 2024	CI

Sheng Siong Group Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024

April 25, 2024 at 07:39 am EDT

Sheng Siong Group Ltd reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was SGD 376.19 million compared to SGD 356.55 million a year ago. Net income was SGD 36.32 million compared to SGD 33.24 million a year ago.

Basic earnings per share from continuing operations was SGD 0.0242 compared to SGD 0.0221 a year ago.

Latest news about Sheng Siong Group Ltd

Sheng Siong Group Ltd Appoints Lin ZiKai as Director, Customer and Operations, Effective from May 01, 2024	Apr. 30	CI
Sheng Siong Group Ltd Appoints Lin Yuansheng as Director, Warehouse and Logistics, Effective from May 01, 2024	Apr. 30	CI
Sheng Siong Group Ltd Appoints Lin Junlin, Nigel as Director, Supply Chain, People and Partnerships, Effective from May 01, 2024	Apr. 30	CI
Sheng Siong’s Q1 Attributable Profit Up 9%	Apr. 25	MT
Sheng Siong Group Ltd Approves Final Dividend	Apr. 25	CI
Sheng Siong Group Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
OCBC Investment Research Adjusts Sheng Siong’s Price Target to SG$1.88 From SG$1.92, Keeps at Buy	Apr. 04	MT
UOB Kay Hian Adjusts Sheng Siong’s Price Target to SG$1.88 From SG$1.97, Keeps at Buy	Mar. 27	MT
Sheng Siong's Attributable Profit Up Nearly 4% in H2 2023 on Higher Revenue	Feb. 27	MT
Sheng Siong Group Ltd Proposes Final Dividend (One-Tier Tax Exempt) for the Financial Year Ended 31 December 2023, Payable on 17 May 2024	Feb. 27	CI
Sheng Siong Group Ltd Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 27	CI
Citi Research Downgrades Sheng Siong to Sell From Buy, Adjusts Price Target to SG$1.43 From SG$1.92	Feb. 26	MT
CGS-CIMB Adjusts Sheng Siong’s Price Target to SG$1.82 From SG$1.88, Keeps at Add	23-10-31	MT
DBS Adjusts Sheng Siong’s Price Target to SG$1.62 From SG$1.76, Keeps at Hold	23-10-31	MT
Sheng Siong Group Logs Higher Profit, Revenue in Q3	23-10-26	MT
Sheng Siong Group Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-26	CI
OCBC Adjusts Sheng Siong’s Price Target to SG$1.92 From SG$1.94, Keeps at Buy	23-10-05	MT
Sheng Siong Leases Retail Space in China to Open New Store	23-09-25	MT
Sheng Siong Group's Attributable Profit Plummets 85% in H1	23-07-28	MT
Sheng Siong Group's Attributable Profit Slips 3% in H1	23-07-28	MT
Sheng Siong Group Ltd Announces Interim Dividend (One-Tier Tax Exempt) for the Financial Year Ending 31 December 2023, Payable on 30 August 2023	23-07-27	CI
Sheng Siong Group Ltd Reports Earnings Results for the Half Year Ended June 30, 2023	23-07-27	CI
Sheng Siong Group Ltd. Announces Change of Company Secretaries	23-07-27	CI
Sheng Siong Group Ltd Announces Re-Designation of Woo Chee Kit from Acting Chief Information Officer to Chief Information Officer	23-06-30	CI
DBS Group Research Upgrades Sheng Siong to Buy From Hold, Keeps Price Target at SG$1.89	23-06-20	MT

Chart Sheng Siong Group Ltd

Duration

Period

More charts

Company Profile

Sheng Siong Group Ltd. is an investment holding company that operates supermarket chain in Singapore. The Company operates approximately 68 outlets across Singapore. The outlets provide its customers with both wet and dry shopping options, including a wide assortment of live, fresh and chilled produce, such as seafood, meat and vegetables. In addition, the Company provides processed, packaged and/or preserved food products as well as general merchandise such as toiletries and essential household products. It offers over 1,600 products under its 23 house brands, ranging from food products to paper goods. The Company's online grocery shopping platform is Sheng Siong Online (SSOnline). Its subsidiaries include Sheng Siong Supermarket Pte Ltd, C M M Marketing Management Pte Ltd, Sheng Siong Supermarket Sdn. Bhd. and Sheng Siong (China) Supermarket Co., Ltd.

Sector

Food Retail & Distribution

Calendar

2024-07-24 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Sheng Siong Group Ltd

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.52 SGD

Average target price

1.738 SGD

Spread / Average Target

+14.36%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Supermarkets & Convenience Stores

	1st Jan change	Capi.
SHENG SIONG GROUP LTD	-6.25%	1.69B
FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V.	-8.81%	39.14B
AVENUE SUPERMARTS LIMITED	+17.54%	37.47B
SEVEN & I HOLDINGS CO., LTD.	+8.02%	33.09B
SM INVESTMENTS CORPORATION	+5.62%	19.62B
COLES GROUP LIMITED	+1.06%	14.3B
JERÓNIMO MARTINS, SGPS, S.A.	-13.63%	13.3B
CASEY'S GENERAL STORES, INC.	+20.86%	12.14B
CARREFOUR	-0.51%	11.93B
ICA GRUPPEN	-.--%	11.82B

Supermarkets & Convenience Stores