date:Mar 04, 2014
China's largest hypermarket chain by market capitalization, the Sun Art Retail Group Ltd, today said that net profit for 2013 was up 15.2%, with its growing store count helping to counteract the negative affect of an economic slowdown.
Net profit at Sun Art rose to 2.78 billion Yuan (330 million), up from 2.41 billion a year earlier.
Looking ahead, we will continue to maintain steady new store expansion by leveraging the opportunities arising from accelerating urbanization and prudently selec