Supermarket operator Sheng Siong racks up higher earnings, revenue
Published on Jul 23, 2014 7:13 PM
SINGAPORE - Supermarket operator Sheng Siong Group rang up a 30.3 per cent rise in net earnings to $11.1 million for the second quarter.
Revenue for the three months to June 30 was up 7.4 per cent at $171.6 million.
Of the increase, 2.7 per cent was contributed by eight new stores that opened in 2012.
The other part of the gain was from comparable same store sales.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!