Tuesday, Nov 25, 2014Tuesday, Nov 25, 2014
Business
 

Supermarket operator Sheng Siong racks up higher earnings, revenue

Published on Jul 23, 2014 7:13 PM
 
Supermarket operator Sheng Siong Group rang up a 30.3 per cent rise in net earnings to $11.1 million for the second quarter. -- PHOTO: ST FILE 

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.

 
If you are not a subscriber, you can get instant, unlimited access here

Videos