GO
| HSI1 | 26,361.07 | +200.74 | 241.46B |
| HSCEI1 | 8,899.06 | +54.04 | 78.96B |
| Back Zoom + Zoom - Block Traded | |
|
SUNART RETAIL Slumps 8%+ After Issuing Profit Warning, Projecting Full-Yr Loss
2026-04-20 10:52:37 SUNART RETAIL (06808.HK) issued a profit warning expecting a full-year loss of RMB300-350 million for the year ended 31 March 2026. The stock opened 2.6% lower this morning before plunging 10.4% to a low of $1.38 during the intraday trading session. It last descended 7.1% to $1.43. The Company issued a profit warning expecting a loss of RMB300-350 million for the year ended March, as compared to a net profit of RMB405 million in the previous year, primarily attributable to declines in the average number of purchase items per transaction and the average selling price of products, resulting in lower revenues and, consequently, a reduction in gross profit, and lower income from the retail galleries. ~ AASTOCKS Financial News Website: www.aastocks.com | |