Sun Art Retail's Net Profit Reaches Record High at RMB 1,710 Million in 1H14; Gross Profit Margin Increases to 21.9%
JCN Newswire - Wed Aug 13, 10:08AM CDT
Sun Art Retail Group Limited ("Sun Art Retail" or the "Group"; stock code: 6808), a leading hypermarket operator in China, has today announced its 2014 interim results. For the six months ended 30 June 2014, the Group's turnover increased by 7.9% to RMB48,038 million. Profit attributable to equity shareholders of the company increased by 8.5% to RMB1,710 million. Basic earnings per share amounted to RMB0.18.
Sun Art Retail Achieves Profitable Growth in 2013
JCN Newswire - Sun Mar 02, 6:20PM CST
Sun Art Retail Group Limited ("Sun Art Retail" or the "Group"; stock code: 6808), a leading hypermarket operator in China, has today announced its 2013 annual results. Turnover, profit margins and net profit have all improved over last year.
Sun Art Retail Group Ltd in Retailing (China)
M2 - Thu May 16, 3:21AM CDT
Sun Art will continue its steady expansion strategy in 2012 by opening at least 50 new outlets. Taking cost into consideration, Sun Art will mainly focus on third- to fifth-tier cities for new outlets, thanks to the lower rental costs. The group will make the final decision on the location of outlets based on local economic development and population. Sun Art will continue its customer-centric corporate culture and improve its service standards by optimising the merchandise mix and improving...
Retailing in China 2013 - The Rise of Internet Retailers in the Fragmented Retailing Market
M2 - Tue Mar 05, 3:42AM CST
Research and Markets (http://www.researchandmarkets.com/research/xr7jrz/retailing_in_china) has announced the addition of the "Retailing in China" report to their offering. Overall, retailing in China remained vigorous in 2012, with double-digit current value growth. The central government's emphasis on domestic demand to boost the economy through stimulus packages has been translated into dynamic retailing market movement, particularly explosive growth in internet retailing, as well as buoyant home-shopping, direct selling and mixed retailing, in addition to the steady development of grocery retailers. Euromonitor International's Retailing in China report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, dur