Sheng Siong's Net Profit Jumps 6% in Q1

MT Newswires

2025/04/30

Sheng Siong's (SGX:OV8) net profit jumped 6.1% in the first quarter of 2025 to SG$38.5 million from SG$36.3 million a year earlier, according to a Tuesday filing with the Singapore Exchange.

Earnings per share rose to SG$0.0257 compared with SG$0.0242 in the comparable period.

Revenue was up 7.1% year over year to SG$403.0 million from SG$376.2 million, due to opening of 8 new stores.

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