Sun Art Retail Group (HK:6808) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Sun Art Retail Group Limited reported a significant downturn in its financial performance for the year ending 31 March 2024, with a notable 13.3% drop in revenue and a striking shift from a modest profit to a loss, reflecting a challenging fiscal year. The company’s net assets and cash position also decreased by 9.9% and 15.1%, respectively, signaling a contraction in financial stability.
For further insights into HK:6808 stock, check out TipRanks’ Stock Analysis page.
