Sun Art Retail Turns to Full-Year Loss

MT Newswires Live

05/18

Sun Art Retail (HKG:6808) recorded an attributable loss of 319 million yuan for the year ended March 31, compared with an attributable profit of 405 million yuan a year prior, according to a Monday Hong Kong bourse filing.

The supermarket operator's loss per share stood at 0.03 yuan, compared with earnings per share of 0.04 yuan.

Revenue slipped 11% to 63.4 billion yuan from 71.6 billion yuan in the year-ago period.

The company declared a second interim dividend of HK$0.085 per ordinary share for the year, payable July 15 to shareholders of record as of June 3.

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