SUNART RETAIL (06808) has disclosed its annual results for the period ending March 31, 2026. The company recorded revenue of approximately RMB 63.442 billion, representing a year-on-year decrease of 11.3%. Gross profit amounted to RMB 15.372 billion, down 10.8% compared to the previous year. Shareholders' attributable loss was HK$319 million, a shift from profit to loss year-on-year. The loss per share was RMB 0.03, and a second interim dividend of HK$0.085 per share was declared. Revenue from merchandise sales totaled RMB 60.611 billion, a decline of 11.5% year-over-year. The pressure on revenue is primarily attributed to fluctuations in the Consumer Price Index (CPI) and weak consumer demand. Furthermore, intensifying homogenized competition within the industry has continued to divert in-store foot traffic and reduce the number of items per transaction. The announcement stated that the decrease in gross profit is mainly due to the reduction in revenue from merchandise sales and rental income.