$Sheng Siong(OV8.SG)The price being sold down recently, it looks like the market doesn’t like the latest financial numbe…
$Sheng Siong(OV8.SG)The price being sold down recently, it looks like the market doesn’t like the latest financial numbers. To me, numbers not too bad will continue to monitor next few quarters. Their net profit increased from Sheng Siong Group’s net profit increases 1.8% to S$44.6 million for 3Q FY2026. Revenue rose 6.2% yoy to S$441.5 million, driven by new store openings. Gross profit margin improved 0.7 percentage points yoy to 32.2% due to a better sales mix.
For now, it remains on my holding list, mainly for its dividend income and as part of my portfolio diversification strategy. I’ll keep an eye on its earnings growth and margins in the coming quarters before making any further decisions.
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