Shares & Derivatives
12 Things To Know Before You Invest In Sheng Siong Group Limited
By Seedly  •  July 10, 2019

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.

Sheng Siong Group Revenue
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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