Sun Art Retail Group reports revenue decline, net loss, declares interim dividend

Sun Art Retail Group Limited reported revenue of RMB30,502 million for the six months ended September 30, 2025, a decrease of 12.1% from RMB34,708 million in the corresponding period of 2024. The company experienced a net loss of RMB127 million for the period, a significant shift from a profit of RMB186 million in 2024. Despite the decline, the gross profit margin improved to 25.3% from 24.6%, driven by optimized product mix and supply chain efficiencies.

The board declared an interim dividend of HK$0.085 per ordinary share for the six months ended September 30, 2025, payable on March 24, 2026. This represents a decrease from the HK$0.170 per ordinary share dividend declared in 2024. Shareholders have the option to receive the dividend in HK$, RMB, or US$.

Total assets stood at RMB53,635 million as of September 30, 2025, down from RMB55,973 million at March 31, 2025. The company's net cash position decreased to RMB11,958 million from RMB12,529 million. Sun Art Retail Group is focusing on store transformations, new store openings, and expanding its front warehouse network to capture online growth and enhance overall performance.