SUNART RETAIL (06808) announces annual performance, shareholders' attributable loss of HKD 319 million, from profit to loss year-on-year.

SUNART RETAIL (06808) announced its financial results for the year ending March 31, 2026, with revenue of approximately 63.442 billion yuan, a decrease of 11.3% year-on-year; gross profit of 15.372 billion yuan, a decrease of 10.8% year-on-year; net loss attributable to equity shareholders of the company was 319 million Hong Kong dollars, a change from profit to loss compared to the previous year; loss per share was 0.03 yuan, with a mid-term dividend of 0.085 Hong Kong dollars per share. Among them, revenue from the sale of goods was 60.611 billion yuan, a decrease of 11.5% compared to the previous year. Revenue pressure was mainly due to fluctuations in the Consumer Price Index (CPI) and soft consumer demand. In addition, the increasing competition in the industry continued to divert customer flow to stores and reduce the number of transactions. The announcement stated that the decline in gross profit was mainly due to the decrease in revenue from the sale of goods and rental income.