date:Mar 21, 2014
2004, from HK$3.95 billion a year earlier. That was below a forecast of HK$2.11 billion from Thomson Reuters' Starmine SmartEstimate.
The company, which has a market value of $6 billion, said it would step up expansion into smaller mainland cities after its 2013 profit from retail operations fell 65.2 percent from a year earlier, with its food business down 84 percent.
Sun Art had earlier in March reported a 15.2 percent rise in net profit for 2013, with an expanding store network helping it