Sheng Siong Group Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SGD 333.5 million compared to SGD 348.1 million a year ago. Net income was SGD 32.77 million compared to SGD 34.36 million a year ago. Basic earnings per share from continuing operations was SGD 0.0218 compared to SGD 0.0229 a year ago.
For the nine months, sales was SGD 1,010.25 million compared to SGD 1,029.77 million a year ago. Net income was SGD 100.14 million compared to SGD 100.3 million a year ago. Basic earnings per share from continuing operations was SGD 0.0666 compared to SGD 0.0667 a year ago.