Sheng Siong Group Ltd, an investment holding company, operates a chain of supermarket retail stores in Singapore. The company's stores offer an assortment of live, fresh, and chilled produce, such as seafood, meat, fruits, and vegetables; dairy products; pantry staples, including rice, noodles, oils, spices, and seasonings; packaged, processed, frozen, and/or preserved food products; baby and personal care products; and beverages, wines, beers, and spirits, as well as general merchandise, including toiletries and essential household products. It is also involved in general trading, and wholesale import and export businesses. In addition, the company operates Sheng Siong Online, an online shopping platform for groceries. It operates stores in Singapore and Kunming, China under the Sheng Siong brand name. The company was founded in 1985 and is headquartered in Singapore.Show more
Sheng Siong Group Ltd. 1H FY2026 Financial Analysis: Solid Growth Amid Challenging Environment Sheng Siong Group Ltd. delivered a robust set of results for the first half of FY2026, underscoring its resilience and ability to outperform national supermarket benchmarks. The…
Key Highlights Litigation Update: Sheng Siong Group Ltd. has provided an update regarding a significant legal matter involving Mr. Tan Huay Lim, an Independent Director and the Chairman of the Audit and Risk Committee. Background: An Originating Claim was previously…
Sheng Siong Group 1Q FY2026 Results: Consistent Growth and Prudent Expansion Sheng Siong Group Ltd. reported its financial results for the first quarter ended 31 March 2026 (1Q FY2026), demonstrating resilient growth amidst a challenging macroeconomic landscape. The company continues…
Sheng Siong Group 2026 AGM: Key Shareholder Insights Sheng Siong Group 2026 AGM: Detailed Shareholder Insights and Potential Market Movers Financial Performance & Gross Margins Sheng Siong Group has achieved a record-high gross margin of 31.3% in 2025, driven by…
Sheng Siong's Remarkable Growth: A Beacon for Investors Sheng Siong's Remarkable Growth: A Beacon for Investors Sheng Siong Group (SSG) has reported an impressive performance in the third quarter of 2024, marking a significant 5% year-on-year increase in revenue to…
Sheng Siong Group Ltd. (SSG) - 3Q FY2024 Financial Analysis ReportDate of Report: 29 October 2024Financial Year: 3Q FY2024 (Ended 30 September 2024)Business DescriptionSheng Siong Group Ltd. (SSG) is one of Singapore's largest supermarket chains, with 79 outlets spread across…
Broker Name: DBS Group Research Date of Report: 04 May 2026 Excerpt from DBS Group Research report. Report Summary Stock: Sheng Siong Group Ltd (Bloomberg Ticker: SSG SP) Action: Maintain HOLD Target Price: SGD2.80 (12-month Target Price) Current Price (as…
Excerpt from Maybank Research report. Report Summary Stock: Sheng Siong Group (SSG SP) Action: BUY Target Price: SGD 3.22 (raised from SGD 2.90) Key Idea: Maybank highlights Sheng Siong as one of Singapore’s clearest defensive growth stories. The company is…
Broker Name: Lim & Tan Securities Date of Report: 30 April 2026 Excerpt from Lim & Tan Securities report. Report Summary DBS (D05): Net profit for 1Q2026 rose 1% year-on-year to SGD 2.93 billion, beating expectations and up 24% quarter-on-quarter.…
Broker: CGS International Date of Report: April 7, 2026 Excerpt from CGS International report. Report Summary Stock: Sheng Siong Group (SSG SP) Action: ADD (equivalent to Buy) Target Price: S\$3.40 (raised from S\$2.97) Current Price: S\$2.97 Upside: 14.5% Key Idea:…
Broker: Lim & Tan Securities Date of Report: 7 April 2026 Excerpt from Lim & Tan Securities report. Report Summary Sheng Siong Group (OV8) Action: HOLD Target Price: S\$2.79 (Consensus) Key Points: Sheng Siong delivered resilient FY2025 results with revenue…
Broker Name: CGS International Date of Report: March 3, 2026 Excerpt from CGS International report. Sheng Siong Group (SSG) was upgraded to "Add" with a higher target price of S\$2.97, reflecting improved earnings forecasts, a robust pipeline of new store…
Broker Name: Maybank Research Pte Ltd Date of Report: March 2, 2026 Excerpt from Maybank Research Pte Ltd report. Report Summary Sheng Siong Group is expected to achieve resilient revenue and earnings growth at a 6-7% CAGR from FY25-28, driven…
Broker: CGS International Date of Report: March 3, 2026 Excerpt from CGS International report. Report Summary CGS International upgrades Sheng Siong Group (SSG) to "Add" with a higher target price of S\$2.97, citing stronger EPS estimates due to an expanded…
Broker Name: OCBC Group Research Date of Report: 9 February 2026 Excerpt from OCBC Group Research report. Report Summary Sheng Siong Group (SSG) has been downgraded from Buy to HOLD due to stretched valuations following a ~60% share price rally…
Broker Name and Date of Report CGS International, October 31, 2025 Excerpt from CGS International report Report Summary Sheng Siong Group (SSG) saw strong sales growth in 3Q25, with core PATMI up 6% year-on-year, driven mainly by new store openings…
Broker Name: Maybank Research Pte Ltd Date of Report: November 3, 2025 Excerpt from Maybank Research Pte Ltd report. Sheng Siong Group (SSG) is expected to sustain strong growth, with revenue and earnings forecasted to increase at a CAGR of…
Broker: CGS International Date of Report: May 2, 2025 Sheng Siong Group: Riding a Steady Uptrend Amid Singapore’s Retail Resilience Market Overview: Rebounding Optimism Fuels Global Equities The global financial landscape is experiencing a renewed surge in risk appetite, largely…
CGS International April 17, 2025 Sheng Siong Group: A Deep Dive into Growth Strategies and Market Positioning Sheng Siong Group: A Secret Shopper's Perspective Ground checks reveal decent customer footfall with full checkout counters during peak hours. [[1]] Estimated 1Q25F…