Sheng Siong Group disclosed a detailed set of responses to shareholder queries on Apr, 23 2026, ahead of its annual general meeting scheduled for Apr, 29 2026. The supermarket operator reported that gross profit margin climbed to a record 31.3 per cent in FY2025, citing a stronger fresh-food mix, direct sourcing and supply-chain efficiencies. While acknowledging higher energy and freight costs arising from Middle East tensions, the Group said it does not expect material product shortages and will focus on keeping prices competitive.

Management reaffirmed its 70 per cent dividend-payout policy but retained flexibility for share buybacks, noting that cash accounts for about 40 per cent of total assets. A key cash use will be a new distribution centre and headquarters in Sungei Kadut, budgeted at 520 million Singapore dollars and to be spent progressively from 2026 to 2030; funding will come from internal resources and “prudent” debt.

Store growth remains central. Sheng Siong opened 12 outlets in 2025, bringing the network to 87, and has locked in three more leases for FY2026 while awaiting results for five Housing Development Board tenders. The chain is increasingly open to mall locations—recent launches at Leisure Park Kallang, Kinex and The Cathay mark a departure from its traditional heartland focus—yet management said economics must stay compelling.

Regarding house brands, the Group now carries 28 labels across more than 2,000 products, which management said generally enjoy higher margins than national brands. Overseas, six stores in Kunming, China generated an overall net loss in FY2025 due to start-up costs for the latest outlet, but earlier stores remain operationally profitable; total investment to date is about 3 million US dollars.

The Board defended executive pay levels, stressing that the bulk is variable and tied to performance. It also affirmed that independent director Tan Poh Hong can devote sufficient time despite holding five other listed directorships.

Sheng Siong added that it is exploring new delivery-platform partnerships after ending a venture with Deliveroo and continues to monitor the potential impact of the Johor Bahru–Singapore RTS link, slated to open in 2027, on its northern stores.