Sun Art Retail (6808.HK): 19-Year performance exceeds expectations, 2020 new retail harvest year is worth to looking forward
The company is a leading national hypermarket, with a wide range of stores and leading brand value and commodity supply chain capabilities. In 2019, RT-Mart ’s same-store growth resumed positive growth, and Auchan ’s same-store growth gradually improved as integration progressed. The company's B2C business has taken the lead in the industry and continues to grow rapidly. In the future, its profitability is expected to continue to increase. Due to the launch of the Cat Super Shared Inventory Plan, the store's radiation range is expected to further expand to obtain additional amounts. The dual-brand integration of domestic companies has continued to advance, digital upgrades have continued, and the expense side is expected to continue to improve and release profits.
Source: The above information is fromChina Securities, with source link: https://www.csc108.com. Please contact this company if full report is needed.