Sun Art Retail Reports 1.4% Decline in Revenue to RMB 71.55 Billion for Year Ended March 2025

Reuters
05-20
Sun Art Retail Reports 1.4% Decline in Revenue to RMB 71.55 Billion for Year Ended March 2025

Sun Art Retail Group Limited has released its audited consolidated financial results for the year ended 31 March 2025. The company reported a revenue of RMB 71.552 billion, which represents a decrease of RMB 1.015 billion or 1.4% compared to the previous year. Despite this decline in revenue, the Group achieved a significant improvement in its profitability, with a net profit of RMB 386 million for the year, compared to a net loss of RMB 1.668 billion in the year ended 31 March 2024. The earnings per share for the year improved to RMB 0.04, reflecting a recovery from the previous year's loss per share of RMB 0.17. The Group's gross profit also decreased by RMB 722 million or 4.0% to RMB 17.236 billion. However, operating profit saw a positive turnaround, increasing by RMB 2.434 billion to RMB 1.425 billion, from a loss of RMB 1.009 billion in the prior year. Sun Art Retail Group Limited operates brick-and-mortar stores and online sales channels in the People's Republic of China. The company continues to focus on these operations as its principal activity. The report indicates a decrease in total assets to RMB 55.973 billion, down by RMB 4.742 billion or 7.8%, and total liabilities have decreased by RMB 3.376 billion or 8.7% to RMB 35.545 billion. Net assets have also decreased by RMB 1.366 billion or 6.3% to RMB 20.428 billion. The net cash position of the Group declined by RMB 3.975 billion or 24.1% to RMB 12.529 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sun Art Retail Group Limited published the original content used to generate this news brief on May 20, 2025, and is solely responsible for the information contained therein.

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