In its latest 1QFY2021 results ended March, Sheng Siong recorded a 7.5% y-o-y growth in earnings to $28.7 million, with earnings per share (EPS) coming in at 2.1 cents, 0.2 cents higher than last year. 

Revenue for the period inched up 2.7% y-o-y to $337.5 million, while gross profit grew 4.9% y-o-y to $93.1 million, outpacing the group’s revenue growth due to the improved gross margin.

See: Sheng Siong Group posts 7.5% higher earnings of $30.8 mil in 1Q21 on higher revenue, gross profit

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