These are Singapore companies which may be in focus on Tuesday, 19 November 2019: MCT, Soilbuild Construction, OUE, Far East Orchard and Sheng Siong.
Sheng Siong entered a deal to acquire a property at Block 118 Aljunied Avenue 2 from Jelita Property for S$29.5M, the supermarket operator said Friday.
Sheng Siong reported Wednesday its 3Q19 net profit rose 16.4% on-year to S$20.6 million on the addition of new stores and an improved gross profit margin.
CGS-CIMB upgraded Sheng Siong to Add from Hold on expectations the supermarket operator will be rewarded for steady earnings and store growth.
Supermarket operator Sheng Siong reported Monday its 2Q19 net profit rose 7.6% on-year to S$18.4 million as revenue grew with the addition of 13 new stores.
CGS-CIMB downgraded Sheng Siong to Hold from Add on expectations of lower earnings growth ahead as first quarter results missed its forecasts slightly.
Supermarket chain Sheng Siong reported Friday its 1Q19 net profit rose 6 percent on-year to S$19.4 million, mainly on the addition of 10 new stores.
Maybank KimEng started coverage of Sheng Siong at Sell with a S$0.95 target price, saying the supermarket operator isn’t immune to market headwinds.
These are Singapore companies which may be in focus on Tuesday, 26 February 2019: ST Engineering, SembMarine, Sheng Siong and Ho Bee Land.
Supermarket operator Sheng Siong reported its 4Q18 net profit increased 4.6% on-year to S$17.5 million despite slower sales as new stores boosted revenue.
These are Singapore stocks which may be in focus on Friday 24 January 2019: Keppel Corp. Keppel Corp. reported on Thursday that its fourth quarter…
These are Singapore stocks which may be in focus on Wednesday 31 October 2018: Sembcorp Industries Sembcorp Industries said on Tuesday that it has tied…