Listed in 2011, Sheng Siong Group Limited (SGX: OV8) is the owner and operator of one of the largest supermarket chains in Singapore.
As of 7 July 2019, Sheng Siong is worth S$1.65 billion in market capitalisation. In this article, I’ll give a review of its latest results, long-term financial performance, and valuation ratios.
Here are 12 things to know about Sheng Siong before you invest.
Disclaimer: This is not a sponsored post. Opinions expressed in the article should not be taken as investment advice. Please do your own due diligence.
1. Revenue Growth
Group revenue has grown at a compound annual growth rate (CAGR) of 6.4% over the last eight years, from S$578.4 million in 2011 to S$890.9 million in 2018.