Sheng Siong Group - Stock

Sheng Siong Group Net Income 2024

Sheng Siong Group Net Income

141.99 M SGD

Ticker

OV8.SI

ISIN

SG2D54973185

WKN

A1JKEQ

In 2024, Sheng Siong Group's profit amounted to 141.99 M SGD, a 6.24% increase from the 133.65 M SGD profit recorded in the previous year.

The Sheng Siong Group Net Income history

YEARNET INCOME (undefined SGD)
2026e146.16
2025e145.28
2024e141.99
2023133.65
2022133.3
2021132.83
2020138.65
201975.73
201870.8
201769.79
201662.65
201556.79
201447.6
201338.9
201241.7
201127.3
201042.6
200933.6
200820.6

Sheng Siong Group Aktienanalyse

What does Sheng Siong Group do?

The Sheng Siong Group Ltd is a leading food retailer in Singapore. The company was founded in 1985 and started as a small store for nutritional supplements. Today, it operates more than 60 branches across Singapore and is listed on the Singapore Exchange. The company's business model is based on selling fresh and high-quality food and household goods. It has specialized in selling fresh fruits, vegetables, meat, and fish in recent years and is known for its competitive prices. The company sources its products from local farmers to ensure freshness and quality. In addition to retail, the Sheng Siong Group Ltd also operates a food production and processing department, which produces poultry, pork, and seafood, among others. The company also has an IT department, a purchasing department, and a customer service department. The Sheng Siong Group Ltd is divided into various divisions, with the supermarket division being the largest and consisting of more than 60 branches across Singapore. There is also a division that focuses on food processing, operating a number of factories where poultry, pork, and seafood are processed and packaged. Another division is the IT department, which focuses on the development and implementation of IT solutions in retail. The purchasing department is responsible for sourcing products and raw materials, while the customer service department focuses on customer satisfaction. The Sheng Siong Group Ltd offers a wide range of products, including fruits and vegetables, meat and fish, dairy products, frozen foods, sweet snacks, beverages, and cleaning supplies. Its stores also carry a variety of household goods such as kitchen utensils, cleaning products, and clothing. The Sheng Siong Group Ltd is committed to providing its customers with the best possible service. It offers a variety of special promotions and deals through its loyalty programs and also strives to enhance the shopping experience through a clean and inviting environment and friendly staff. Overall, the Sheng Siong Group Ltd has experienced impressive growth in recent years and has become one of the leading food retailers in Singapore. It aims to offer its customers high-quality food at affordable prices and expand its business through innovation and customer satisfaction. Sheng Siong Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Sheng Siong Group's Profit Margins

The profit margins of Sheng Siong Group represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Sheng Siong Group's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Sheng Siong Group's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Sheng Siong Group's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Sheng Siong Group’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Sheng Siong Group Stock

How much profit has Sheng Siong Group made this year?

Sheng Siong Group has made 141.99 M SGD this year.

How has the profit developed compared to last year?

The profit has increased by 6.24% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Sheng Siong Group publish its earnings?

Sheng Siong Group publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Sheng Siong Group?

The profits of Sheng Siong Group are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Sheng Siong Group?

You can learn more about the earnings of Sheng Siong Group by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Sheng Siong Group pay?

Over the past 12 months, Sheng Siong Group paid a dividend of 0.06 SGD . This corresponds to a dividend yield of about 4.05 %. For the coming 12 months, Sheng Siong Group is expected to pay a dividend of 0.07 SGD.

What is the dividend yield of Sheng Siong Group?

The current dividend yield of Sheng Siong Group is 4.05 %.

When does Sheng Siong Group pay dividends?

Sheng Siong Group pays a quarterly dividend. This is distributed in the months of September, June, September, June.

How secure is the dividend of Sheng Siong Group?

Sheng Siong Group paid dividends every year for the past 15 years.

What is the dividend of Sheng Siong Group?

For the upcoming 12 months, dividends amounting to 0.07 SGD are expected. This corresponds to a dividend yield of 4.43 %.

In which sector is Sheng Siong Group located?

Sheng Siong Group is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Sheng Siong Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sheng Siong Group from 5/17/2024 amounting to 0.032 SGD, you needed to have the stock in your portfolio before the ex-date on 5/3/2024.

When did Sheng Siong Group pay the last dividend?

The last dividend was paid out on 5/17/2024.

What was the dividend of Sheng Siong Group in the year 2023?

In the year 2023, Sheng Siong Group distributed 0.063 SGD as dividends.

In which currency does Sheng Siong Group pay out the dividend?

The dividends of Sheng Siong Group are distributed in SGD.

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Andere Kennzahlen von Sheng Siong Group

Our stock analysis for Sheng Siong Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sheng Siong Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.