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United Kingdom

Sun Art Retail Group Ltd (6808.HK)

6808.HK on Hong Kong Stock

9.20HKD
17 Aug 2018
Change (% chg)

HK$-0.02 (-0.22%)
Prev Close
HK$9.22
Open
HK$9.24
Day's High
HK$9.50
Day's Low
HK$9.10
Volume
9,930,056
Avg. Vol
12,329,180
52-wk High
HK$11.52
52-wk Low
HK$6.75

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Thu, Aug 9 2018

UPDATE 1-Hypermarket chain Sun Art's H1 same-store sales drop, turnover flat

* Says to expand in lower tier cities, adding 25 outlets in H2

Hypermarket chain Sun Art's H1 same-store sales drop, turnover flat

HONG KONG, Aug 9 Sun Art Retail Group Ltd's first-half same-store sales dropped at a steeper pace than the year-earlier period, reflecting the competitive challenges facing China's top hypermarket operator.

UPDATE 2-China's Sun Art shares plunge on weak sales performance, dividend cut

* Says to work with Alibaba to make use of big data (Recasts on share plunge, adds management comment)

China's Sun Art's 2017 profit up 8.6 pct

HONG KONG, March 4 Hypermarket operator Sun Art Retail Group Ltd posted a 8.6 percent rise in 2017 net profit on Sunday as steady demand from lower-tier cities helped offset pressure from rapidly growing e-commerce.

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