Sheng Siong Group

Sheng Siong and ThaiBev deemed as RHB's 12 'diamonds' across the region - THE EDGE SINGAPORE

Broker's Calls

Sheng Siong and ThaiBev deemed as RHB's 12 'diamonds' across the region

According to RHB, these 12 'diamonds' each have an ROE of 15% or more

Broker's Calls

Sheng Siong stays defensive amid rising inflation and GST hike, analysts maintain 'buy'

Sheng Siong had shown sustainable growth in its gross margin over the years, proving its ability to pass rising costs.
Analysts positive on Sheng Siong in light of healthy margins for 3QFY2022 - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on Sheng Siong in light of healthy margins for 3QFY2022

The group’s 3QFY2022 results exceeded analysts' expectations, with a revenue and patmi at $333.5 million and $32.8 million
No pandemic? No fear, there is still inflation - THE EDGE SINGAPORE

Corporate moves

No pandemic? No fear, there is still inflation

These stocks may be coming off their Covid high, but inflation is about to give them another boost.

Broker's Calls

Broker's Digest: Sheng Siong Group, UG Healthcare, ST Engineering

Here's what the analysts have to say this week.
Sheng Siong records 13.9% increase in 1Q profit, but warns that demand may taper with reopening - THE EDGE SINGAPORE

Results

Sheng Siong records 13.9% increase in 1Q profit, but warns that demand may taper with reopening

The stronger earnings come despite lower government subsidies and higher admin expenses, including giving raises to some staff.

New appointments

Sheng Siong reshuffles board, appoints three new independent directors

The new directors include member of parliament Cheng Li Hui.

Results

Sheng Siong reports 3QFY2021 earnings of $34.4 million, up 8.3% y-o-y

The company is on the lookout for more new locations to open new stores
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