Sun Art Retail Group (06808.HK) shares surged 12.89% in early trading on Wednesday, following the release of its robust financial results for the fiscal year ended March 31, 2025, and the announcement of a final dividend. The strong performance and shareholder returns have evidently boosted investor confidence in the Chinese retail giant.
The company reported impressive financial figures, with annual revenue reaching RMB 71,552 million. Gross profit stood at RMB 17,236 million, translating to a healthy gross margin of 24.1%. Despite challenging market conditions, Sun Art Retail Group managed to maintain profitability, posting an operating profit of RMB 1,425 million and a net income of RMB 405 million.
Adding to the positive sentiment, Sun Art Retail Group declared a final dividend of HKD 0.17 per share for the financial year. This move signals the company's commitment to delivering shareholder value and its confidence in its financial position. The dividend is subject to shareholder approval at the upcoming meeting on August 14, 2025, with the payment scheduled for September 4, 2025. The combination of solid financial performance and attractive shareholder returns appears to be driving the significant uptick in the company's stock price during the morning session.