Business
Sheng Siong Group: Revenue and profit rose on new stores and festive sales, with margin gains despite sector risks
Sheng Siong Group: Revenue and profit rose on new stores and festive sales, with margin gains despite sector risks

About this update from Sheng Siong Group Ltd.
Revenue grew 7.1% to S$403.0M and net profit rose 6.1% to S$38.5M, driven by new stores and festive sales. Gross margin improved, but China operations remained at a deficit. Expansion continues amid cautious consumer sentiment and supply chain risks.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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