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Sheng Siong Group sees 11.9% dip in 1H2021 earnings to $65.9 million; declares interim dividend of 3.1 cents

Amala Balakrishner
Amala Balakrishner7/29/2021 9:50 PM GMT+08  • 4 min read
Sheng Siong Group sees 11.9% dip in 1H2021 earnings to $65.9 million; declares interim dividend of 3.1 cents
The group's net asset value per share stood at 26 cents on June 30, compared to 25 cents on Dec 31 2020.
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Earnings of supermarket chain Sheng Siong Group edged down by 11.9% to $65.9 million in 1HFY21 ended June, from the $74.8 million posted a year ago.

On a fully diluted basis, this translates to earnings per share (EPS) of 4.39 cents, an 11.8% drop from the 4.98 cents posted in 1HFY20.

With this, the group's net asset value per share stood at 26 cents on June 30, compared to 25 cents on Dec 31 2020.

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