Sheng Siong reported FY2025 net profit of SGD 149.2 million, up 8.5%, on revenue of SGD 1.57 billion, up 9.9%. Gross profit rose 12.9% to SGD 491.6 million and gross margin increased to 31.3%, while other income fell 16.5% to SGD 16.0 million. FY2025 EPS was 9.94 Singapore cents, up 8.6%, and the group proposed a final dividend of 3.80 Singapore cents per share, taking the FY2025 total dividend to 7.00 Singapore cents per share. For 2H FY2025, Sheng Siong posted revenue of SGD 805.3 million, up 12.7%, and net profit of SGD 76.9 million, up 13.8%, with gross margin at 31.8%. The company said FY2025 growth was driven by 12 new stores opened during the year and improved performance of existing stores; it secured a new store at 11 Rivervale Crescent expected to open in 3Q2026, is awaiting tender results for four HDB-released stores, and expects to close two stores due to lease expiries. Sheng Siong also said it entered an agreement with JTC to establish a new distribution centre in FY2025 and ended FY2025 with cash and cash equivalents of SGD 435.5 million, up 23%.
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: 9BNVQQN3VG3GK43F) on February 27, 2026, and is solely responsible for the information contained therein.
Comments