Sun Art Retail Returns to Profit in Fiscal H1

MT Newswires Live
2024-11-13

Sun Art Retail (HKG:6808) returned to an attributable profit of 206 million yuan in the half-year ended Sept. 30 from a loss of 359 million yuan in the year-ago period, according to a Tuesday filing with the Hong Kong Exchange.

The retail operator returned to earnings per share of 0.02 yuan from a loss per share of 0.04 yuan in the previous year.

Revenue declined 3% to 34.7 billion yuan from 35.8 billion yuan a year earlier.

Shares slid 1% during Wednesday's morning trading.

Price (HKD): $2.08, Change: $-0.060, Percent Change: -2.80%

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