Sun Art Retail Group ( (HK:6808) ) has provided an announcement.
Sun Art Retail Group Limited has announced a significant turnaround in its financial performance for the fiscal year ending March 31, 2025, with an expected net profit after tax of approximately RMB350 million to RMB400 million, compared to a net loss of RMB1.668 billion the previous year. This improvement is attributed to steady sales revenue growth, positive same-store sales, and successful cost reduction and efficiency enhancement initiatives, positioning the company for future development.
More about Sun Art Retail Group
Sun Art Retail Group Limited is a company incorporated in Hong Kong, primarily engaged in the retail industry. The Group focuses on customer needs through active planning in areas such as products, pricing, efficiency, store planning, and talent development.
YTD Price Performance: -33.12%
Average Trading Volume: 3,327
Technical Sentiment Signal: Buy
Current Market Cap: $2.31B
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