Sun Art Retail returns to profitability in fiscal year 2025

Sun Art Retail Group, a leading hypermarket operator in China, announced its financial results for the year ended March 31, 2025, showcasing a return to profitability. The company reported a net profit of RMB386 million, a stark contrast to the RMB1.668 billion loss in the previous year. Revenue totaled RMB71.552 billion, a slight decrease of 1.4% year-over-year. Operating profit reached RMB1.425 billion, compared to an operating loss of RMB1.009 billion in 2024. The company attributed the improved performance to cost reduction measures and efficiency enhancements. Basic earnings per share stood at RMB0.04. The board has proposed a final dividend of HKD0.170 per share. The company also announced that it will acquire the remaining shares of its subsidiaries, Concord Investment (China) Co., Ltd. (CIC) and Auchan (China) Investment Co., Ltd. (ACI) that it does not already own.