Sun Art Retail Group Limited has released its audited consolidated financial results for the year ended 31 March 2025. The company reported a revenue of RMB 71.552 billion, which represents a decrease of RMB 1.015 billion or 1.4% compared to the previous year. Despite this decline in revenue, the Group achieved a significant improvement in its profitability, with a net profit of RMB 386 million for the year, compared to a net loss of RMB 1.668 billion in the year ended 31 March 2024. The earnings per share for the year improved to RMB 0.04, reflecting a recovery from the previous year's loss per share of RMB 0.17. The Group's gross profit also decreased by RMB 722 million or 4.0% to RMB 17.236 billion. However, operating profit saw a positive turnaround, increasing by RMB 2.434 billion to RMB 1.425 billion, from a loss of RMB 1.009 billion in the prior year. Sun Art Retail Group Limited operates brick-and-mortar stores and online sales channels in the People's Republic of China. The company continues to focus on these operations as its principal activity. The report indicates a decrease in total assets to RMB 55.973 billion, down by RMB 4.742 billion or 7.8%, and total liabilities have decreased by RMB 3.376 billion or 8.7% to RMB 35.545 billion. Net assets have also decreased by RMB 1.366 billion or 6.3% to RMB 20.428 billion. The net cash position of the Group declined by RMB 3.975 billion or 24.1% to RMB 12.529 billion.
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