Sheng Siong Group Ltd.SGX: OV8

Sheng Siong Group: Net profit rose 6.8% to S$69.97 million on higher revenue and margin gains

· Issued by Sheng Siong Group Ltd.

Revenue and net profit grew 3.4% and 6.8% year-over-year, with improved gross margin and strong cash flow. Expansion continues amid a challenging retail environment, with two new stores opened and more planned.

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