Sheng Siong betterer than Shitty Say's NTUC in returns per sqare metre floor space

[Confuseous]

For each square metre of floor space, Sheng Siong brought in $17,085 in sales.

By contrast, NTUC Fairprice, the largest supermarket chain, managed $11,924 per sqm
and Dairy Farm, which runs the likes of Cold Storage, Giant, and Shop N Save, achieved only $8,456 per sqm. Sheng Siong’s new Mandai Link Distribution Centre, which was partly funded by proceeds from the listing, is expected to help improve its operational efficiency too.

- http://sgsharemarket.com/home/2011/...gn=Feed:+sgsharemarket/CyIu+(SG+Share+Market)

Lim Swee Say should fix his own house first before he talks about others.

 

[refulgence]

Re: Sheng Siong betterer than Shitty Say's NTUC in returns per sqare metre floor spac

Do higher sales figures translate into higher profit margins?