Sheng Siong’s net profit up 22.3% to $47.6m in FY14
Thanks to lower costs and higher sales.
Sheng Siong’s net profit jumped 22.3% to $47.6m in FY14, on back of lower input costs, better sales mix and stable selling prices.
The group’s revenue grew 5.6% to $726m, thanks to a 2.3% new stores growth longer operating hours, marketing initiatives and refurbishment of old stores.