News Column

Sun Art Retail Group H1 Profit Up 8.5%

August 14, 2014

HONG KONG, August 14, SinoCast -- Sun Art Retail Group Limited (SEHK: 6808) revealed turnover of CNY 48.038 billion in the first half of 2014 ended June 30, climbing 7.9% from a year earlier. Profit attributable to shareholders inched up 8.5% to CNY 1.71 billion. Basic EPS were CNY 0.18.

Gross profit rose 14% to CNY 10.523 billion while gross margin moved up from 20.7% to 21.9%.

In the reporting period, the company newly opened four hypermarkets, having 327 such outlets nationwide ended June 30.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Sinocast Consumer Products Beat (China)

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters