Sheng Siong Group Third Quarter 2022 Earnings: EPS: S$0.022 (vs S$0.023 in 3Q 2021)

Sheng Siong Group (SGX:OV8) Third Quarter 2022 Results

Key Financial Results

• Revenue: S$333.5m (down 4.2% from 3Q 2021).
• Net income: S$32.8m (down 4.6% from 3Q 2021).
• Profit margin: 9.8% (in line with 3Q 2021).
• EPS: S$0.022 (down from S$0.023 in 3Q 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sheng Siong Group Earnings Insights

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Consumer Retailing industry in Asia.

Performance of the market in Singapore.

The company's shares are down 4.3% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Sheng Siong Group that you should be aware of.

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