Sheng Siong's Attributable Profit Declines Marginally During H2 2024

MT Newswires

2025/02/28

Sheng Siong's (SGX:OV8) profit attributable to owners declined 1% during the second half of 2024 to SG$67.6 million from SG$68.3 million a year earlier, according to a filing with the Singapore Exchange on Thursday.

Earnings per share dropped to SG$0.0450 compared with SG$0.0454 in the comparable period.

Revenue was up 5.5% year over year to SG$714.5 million from SG$677.2 million, due to strong performancs from stores.

The company proposed a final dividend of SG$0.0320 per share, bringing the total dividend for 2024 to SG$0.064 per share.

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