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Sheng Siong reports 6.1% rise in 2Q earnings to $16.1 million on 4 new stores

Michelle Zhu
Michelle Zhu7/27/2017 06:47 PM GMT+08  • 3 min read
Sheng Siong reports 6.1% rise in 2Q earnings to $16.1 million on 4 new stores
SINGAPORE (July 27): Supermarket chain operator Sheng Siong Group saw its earnings for the second quarter ended June grow 6.1% to $16.1 million from $15.2 million a year ago.
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SINGAPORE (July 27): Supermarket chain operator Sheng Siong Group saw its earnings for the second quarter ended June grow 6.1% to $16.1 million from $15.2 million a year ago.

This brings 1H17 earnings to $33.2 million, up 5.3% compared to $31.6 million in 1H16.

An interim cash dividend of 1.55 cents per share has been declared.

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