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Sheng Siong reports 15.9% rise in 3Q earnings to $20.5 mil on new store openings

Stanislaus Jude Chan
Stanislaus Jude Chan10/30/2019 06:11 PM GMT+08  • 2 min read
Sheng Siong reports 15.9% rise in 3Q earnings to $20.5 mil on new store openings
SINGAPORE (Oct 30): Sheng Siong Group has posted earnings of $20.5 million for the 3Q19 ended September, some 15.9% higher than earnings of $17.7 million recorded in the corresponding quarter a year ago.
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SINGAPORE (Oct 30): Sheng Siong Group has posted earnings of $20.5 million for the 3Q19 ended September, some 15.9% higher than earnings of $17.7 million recorded in the corresponding quarter a year ago.

This translates to higher earnings per share (EPS) of 1.37 cents for 3Q19, compared to EPS of 1.19 cents in 3Q18.

3Q19 revenue rose 11.4% to $253.8 million, from $227.9 million a year ago.

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