Sheng Siong Group Ltd

Broker's Calls

Rising cost of living has UOBKH keeping its 'buy' call on Sheng Siong Group, after 1QFY2024 results meet expectations

The group’s revenue and earnings of $376m and $36m come from higher comparable same-store sales in Singapore and China.

Broker's Calls

DBS upgrades Sheng Siong to 'buy' on 'attractive industry dynamics and reasonable valuation'

The group is also deemed as a defensive hedge against a potential recession.

Results

Sheng Siong reports 54.4% surge in 3Q earnings to $31.8 mil on elevated demand arising from Covid-19

For the 9MFY2020, the group reported an 82.6% surge in earnings of $106.6 million.
Singapore's economic reopening isn't boosting its equity benchmark - THE EDGE SINGAPORE

Singapore economy

Singapore's economic reopening isn't boosting its equity benchmark

Singapore’s emergence from the Covid-19 shock is gathering pace, but that isn’t boosting the nation’s equity benchmark.
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