Sheng Siong

BROKERS’ TAKE

DBS raises target price on Sheng Siong to S$3; expects earnings to ease once SG60 vouchers expire

2026-08-03T01:22:22.000Z
Sheng Siong’s revenue grows 11.9% year on year to S$855.4 million in H1 FY2026, from S$764.7 million in the same period last year.

Sheng Siong H1 net profit rises 11.7% to S$80.8 million on improved sales mix

2026-07-29T09:54:17.000Z
From left: Lim Hock Leng, managing director, Sheng Siong; Christine Wong,
assistant chief executive officer, cluster group, JTC Corporation; Lim Hock Chee, CEO, Sheng Siong; Gan Kim Yong, deputy prime minister and minister for trade and industry, Lim Hock Eng, chairman, Sheng Siong; Jeannie Lim, assistant managing director, services and growth enterprises, Enterprise Singapore; and  Lin Ruiwen, executive director, Sheng Siong.

Sheng Siong invests S$520 million to build new future-ready distribution centre

2026-07-13T03:00:00.000Z
Sheng Siong has already secured three new outlets for the 2026 financial year, says RHB analyst Alfie Yeo.
BROKERS’ TAKE

DBS, RHB raise Sheng Siong target prices on expansion runway, CGSI holds steady

2026-05-05T02:53:26.000Z
Sheng Siong's cash flow from operating activities rose by S$11.6 million in Q1, from higher profit and more non-cash payments received during the quarter.

Sheng Siong Q1 net profit up 12.6% on stronger sales

2026-04-29T12:08:48.000Z
Sheng Siong notes that while the Middle East conflict has increased costs for energy and freight, it manages such risks through diversified sourcing and direct procurement.

S$8m director pay, Iran war risks among issues raised by Sheng Siong investors ahead of AGM

2026-04-23T13:08:43.000Z
Bringing forward the release of S$500 in Community Development Council Vouchers and enhancing Cost-of-Living payments are expected to drive immediate footfall to heartland supermarkets.

Sheng Siong, DBS among winners of Singapore’s S$1 billion energy support package: RHB

2026-04-09T05:12:16.000Z
Sheng Siong posted an 8.7% rise in net profit for the full year ended Dec 31, 2025 to S$149.5 million.
BROKERS’ TAKE

CGSI upgrades Sheng Siong to ‘add’; RHB raises target price on store outlook

2026-03-04T04:37:47.000Z
Sheng Siong's board proposed a final dividend of S$0.038, which will bring its total dividend to S$0.07 for FY2025.

Sheng Siong posts 14% jump in H2 profit to S$77.1 million on improved sales mix

2026-02-27T10:48:08.000Z
Sheng Siong is set to release its financial results on Mar 2.
HOT STOCK

Sheng Siong shares close 4.2% lower after OCBC downgrade

2026-02-11T09:25:57.000Z