--- title: "\"Profit Warning\" SUNART RETAIL forecasts a loss of at least 110 million RMB in the first half of the year" description: "SUNART RETAIL issued a profit warning, expecting a loss of between RMB 110 million and RMB 140 million for the six months ending in September, compared to a net profit of RMB 206 million in the same p" type: "news" locale: "en" url: "https://longbridge.com/en/news/261904681.md" published_at: "2025-10-20T13:44:04.000Z" --- # "Profit Warning" SUNART RETAIL forecasts a loss of at least 110 million RMB in the first half of the year > SUNART RETAIL issued a profit warning, expecting a loss of between RMB 110 million and RMB 140 million for the six months ending in September, compared to a net profit of RMB 206 million in the same period last year. The shift from profit to loss is mainly due to intensified market competition and weak consumer spending, resulting in a double-digit decline in revenue; and one-time factors including a decrease in income during the proactive adjustment process of shopping streets, approximately RMB 150 million attributed to organizational optimization in the Central China region, and a decline in interest income leading to reduced profits SUNART RETAIL (06808.HK) issued a profit warning, expecting a loss of between RMB 110 million and RMB 140 million for the six months ending in September, compared to a net profit of RMB 206 million in the same period last year. The shift from profit to loss is mainly due to intensified market competition and weak consumer spending, resulting in a double-digit decline in revenue; and one-time factors including a decrease in income during the proactive adjustment process of shopping streets, approximately RMB 150 million attributed to organizational optimization in the Central China region, and a decline in profit due to reduced interest income ### Related Stocks - [06808.HK - SUNART RETAIL](https://longbridge.com/en/quote/06808.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Sun Art Retail kann CEO Li Weiping nicht erreichen und überträgt Geschäftsführung vorübergehend an den Vorstandsvorsitzenden | Sun Art Retail Group Limited announced that it is currently unable to contact CEO Li Weiping. As a result, the Chairman | [Link](https://longbridge.com/en/news/274727349.md) | | Tesla Adds Grok to Its Vehicles in Nine European Countries | Tesla is introducing xAI's Grok to its vehicles in nine European countries, including the UK, Germany, and France. Grok | [Link](https://longbridge.com/en/news/276072389.md) | | Alibaba (BABA) Upgrades Qwen AI Model as China's Tech Giants Battle for Users | Alibaba has upgraded its AI model to Qwen3.5, enhancing its capabilities in text, image, and video processing. This move | [Link](https://longbridge.com/en/news/276055492.md) | | Alibaba unveils new Qwen3.5 model for 'agentic AI era' | Alibaba has launched its new AI model, Qwen 3.5, which is designed for independent task execution and boasts significant | [Link](https://longbridge.com/en/news/276045126.md) | | 13:30 ETInventHelp Inventor Develops New Toilet to Help Conserve Water (NJR-297) | InventHelp has announced the invention of the DRY FLUSH toilet, designed to conserve water by allowing dry flushing of u | [Link](https://longbridge.com/en/news/276260535.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.