---
title: "Brief: SUNART RETAIL is expected to incur a loss of at least 300 million yuan last year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283302010.md"
description: "SUNART RETAIL is expected to record a net loss of approximately HKD 300 million to HKD 350 million for the year ending in March, compared to a net profit of HKD 386 million in the same period last year, marking a shift from profit to loss. Although the gross profit margin has slightly rebounded, overall profitability is under pressure due to a decline in the number of transactions and the average selling price of goods. The company will continue to promote its omnichannel strategy to enhance product competitiveness. The stock price opened lower on Monday at HKD 1.43, down 7.14%, with a cumulative decline of about 17% year-to-date"
datetime: "2026-04-20T06:15:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283302010.md)
  - [en](https://longbridge.com/en/news/283302010.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283302010.md)
---

# Brief: SUNART RETAIL is expected to incur a loss of at least 300 million yuan last year

Supermarket operator **SUNART RETAIL** (6808.HK) announced on Sunday that it expects to record a net loss of approximately HKD 300 million to 350 million (USD 51 million) for the year ending in March, compared to a net profit of approximately HKD 386 million in the same period last year, indicating a shift from profit to loss.

The company stated that the gross profit margin remained stable and slightly rebounded during the period, but overall profitability was under pressure, mainly due to a decline in the number of transactions and the average selling price of goods, leading to a decrease in revenue and dragging down gross profit; at the same time, the reduction in revenue from shopping streets also impacted performance.

Despite the weakening net profit, the group indicated that overall operating cash flow and adjusted EBITDA remained resilient. The company emphasized that it will continue to promote an omnichannel strategy, strengthen localized operations and consumer experiences, and enhance product competitiveness through expanding national procurement scale, deepening supplier cooperation, and developing its own brands.

SUNART RETAIL's stock price opened lower on Monday, reporting HKD 1.43 at noon break, down 7.14%. The stock has fallen approximately 17% year-to-date.

_Li Shida_

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