Sheng Siong 2025 profit rises 8.5% to $149.2m on strong new store sales

It also reported a higher revenue performance in existing stores.

Sheng Siong Group reported profit for the year of $149.2m for the year ended 31 December 2025 (FY2025), up 8.5% year on year (YoY), according to a filing.

Gross profit climbed by 12.9% YoY to $491.6m, driven by a 9.9% revenue growth to $1.570b during the same period.

The company linked this to the opening of 12 new stores in 2025 and 6 comparable stores in 2024, as well as the improved performance of existing stores.

Earnings per share rose to 9.94 Singapore cents from 9.15 Singapore cents.

The board proposed a final dividend of 3.80 Singapore cents per share, bringing total dividend for FY2025 to 7.00 Singapore cents per share, payable on 15 May 2026 subject to shareholders’ approval at the annual general meeting on 29 April 2026.

Cash and cash equivalents stood at $435.5m as at 31 December 2025.

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