- Reuters•2 months ago
Hypermarket operator Sun Art Retail Group Ltd on Thursday posted a 1 percent gain in net profit for the first nine months, as it faced intense competition from rapidly growing e-commerce platforms. The ...
- Reuters•5 months ago
The joint venture between Taiwanese conglomerate Ruentex Group and French retailer Groupe Auchan SA said net profit was 1.43 billion yuan ($211.11 million) in January to June, down from 1.47 billion yuan profit in the first half of 2015. Sun Art's first-quarter profit was 1.03 billion yuan. Sun Art, which competes with China Resources and Wal-Mart Stores Inc in the mainland, saw first-half turnover rising to 52.9 billion yuan from 50.7 billion yuan a year earlier.
- Reuters•11 months ago
Sun Art, the second-biggest hypermarket operator with 13.7 percent of the market after top player China Resources' 15.2 percent, said the overall retail market would track slowing economic growth in the mainland in the absence of a market-moving change. "The operating environment remains difficult this year," CEO Bruno Mercier told a results briefing. Sun Art shares rose 6.2 percent in early afternoon trade, outpacing a 1.4 percent decline in the benchmark index.
6808.HK : Summary for SUNART RETAIL - Yahoo Finance
Sun Art Retail Group Limited (6808.HK)
HKSE - HKSE Delayed Price. Currency in HKD
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|Day's Range||7.56 - 7.70|
|52 Week Range||4.00 - 7.89|
|PE Ratio (TTM)||24.95|
|Dividend & Yield||0.02 (3.24%)|
|1y Target Est||N/A|