Sheng Siong Group Ltd
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July 1, 2020
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Sheng Siong Group Ltd

Revenue:
SGD 890.9 million (2018)
Profit:
SGD 70.5 million (2018)
Employees:
2,850 (2018)
GICS Industry Group:
Headquarters:
Mandai Link, Singapore
Founded:
1985
Current CEO:
Lim Hock Chee (1985-)
Parent:

Description

Sheng Siong Group Ltd is the parent company of Sheng Siong Supermarket Pte Ltd (Sheng Siong), a grocery and fresh food supermarket retailing chain in Singapore. As at 31 December 2018, the company had a total store count of 54 (excluding the store in Kunming, China).

Sheng Siong provides live, fresh and chilled produce, such as seafood, meat and vegetables to packaged, processed, frozen and/or preserved food products as well as general merchandise, including toiletries and essential household products. The company also offers its own "housebrands" brand, which is a lower-cost alternative to name brand products. As at 31 December 2018, the company had over 1200 products under 18 housebrands.

In 2014, Sheng Siong started allforyou.sg, an online shopping platform for groceries, which offers ecommerce services in almost all postal districts in Singapore. In November 2017, Sheng Siong's opened its first overseas store in Kunming, China.

Sheng Siong Group Ltd was incorporated on 10 November 2010 in Singapore and has its registered office at 6 Mandai Link, Singapore 728652.

Sheng Siong Group Ltd is listed on the Singapore Exchange (SGX) under the code OV8.

In Singapore Dollars (SGD)
In Singapore Dollars (SGD)
In Singapore Dollars (SGD)
No items found.

Operating Segments:

Supermarket operations - Sheng Siong has a single operating unit, supermarket operations. Products offered include live, fresh and chilled produce, such as seafood, meat and vegetables to packaged, processed, frozen and/or preserved food products as well as general merchandise, including toiletries and essential household products. In the year end 31 December 2018, the company generated SGD 890.9 million in total revenue.

Mergers and Acquisitions:

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