Sheng Siong 1H FY26 net profit climbs 11.9% to S$81 million; revenue rises 11.9% to S$855.4 million

Reuters2026/07/29 09:20

By:Reuters

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Sheng Siong posted 1H FY2026 net profit of S$81 million, up 11.9% year on year, as revenue climbed 11.9% to S$855.4 million.
Gross profit margin widened 1 percentage point to 31.8%, attributed to a better sales mix.
Interim dividend rose to 3.75 Singapore cents per share from 3.20 Singapore cents, payable Aug. 28, 2026.
Store network expanded to 90 in Singapore and six in Kunming; three more stores are expected to open in the third quarter.
CEO Lim Hock Chee flagged potential price competition from the Johor Bahru-Singapore RTS Link opening in 2027, with pricing and promotions to be adjusted if needed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sheng Siong Group Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: LZWH6FUFKP6HYPCV) on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sheng Siong 1H FY26 net profit climbs 11.9% to S$81 million; revenue rises 11.9% to S$855.4 million

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