Introduction
Sheng Siong Group Limited (SSG) is a leading supermarket chain in Singapore with over 60 outlets islandwide. Known for its affordable prices and wide range of products, Sheng Siong has become a go-to destination for budget-conscious shoppers.
Key Performance Indicators
According to Forbes, Sheng Siong Group Limited had a revenue of US$1.55 billion in 2022 and net income of US$136.24 million. The company's financial strength is reflected in its strong cash position, with total cash and cash equivalents of US$297.7 million as of December 2022.
Products and Services
Sheng Siong offers a wide variety of products and services, including:
Customer Satisfaction
Sheng Siong is committed to providing customers with a positive shopping experience. The company's focus on low prices, quality products, and convenient locations has made it a popular choice for consumers.
Expansion Plans
Sheng Siong has ambitious expansion plans, with the aim of opening 100 outlets by 2025. The company is targeting new markets within Singapore, as well as overseas expansion opportunities.
Common Mistakes to Avoid When Shopping at Sheng Siong
How to Shop at Sheng Siong Like a Pro
FAQs
Conclusion
Sheng Siong is a leading supermarket chain in Singapore with a reputation for low prices, quality products, and convenient locations. By following the tips and tricks in this guide, you can save big on your next shopping trip to Sheng Siong.
Year | Revenue (US$ millions) | Net Income (US$ millions) |
---|---|---|
2022 | 1,550 | 136.24 |
2021 | 1,350 | 115.78 |
2020 | 1,180 | 95.77 |
Category | Percentage of Sales |
---|---|
Groceries | 50% |
Fresh produce | 25% |
Meat and seafood | 15% |
Bakery and confectionery | 5% |
Household items | 3% |
Healthcare and personal care products | 2% |
Aspect | Rating |
---|---|
Value for money | 9/10 |
Product quality | 8/10 |
Convenience | 8/10 |
Overall satisfaction | 8/10 |
Year | Number of Outlets |
---|---|
2023 | 70 |
2024 | 80 |
2025 | 100 |
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