The Struggles of Hypermarkets: Gaoxin Retail Enters Member Store Battleground with Loss

Member store racetracks are getting more and more crowded.

wallstreetcnNov 14, 2023 23:50 ET

Best Mart 360's Fiscal H1 Profit Declines 36% Despite Revenue Hike

02:48 AM EST, 11/29/2021 (MT Newswires) -- Best Mart 360 Holdings (HKG:2360) said its profit attributable to owners in the six months ended Sept. 30 slumped 36.4% to HK$22.7 million ($2.9 million) fr

MT NewswiresNov 29, 2021 02:50 ET

Golden Resources Development to Swing to Loss in Fiscal H1

04:17 AM EST, 11/16/2021 (MT Newswires) -- Golden Resources Development International (HKG:0677) expects to post a net loss of less than HK$15 million ($1.9 million) in the fiscal six months ended Se

MT NewswiresNov 16, 2021 04:22 ET

Best Mart 360 Warns of Up to 40% Profit Drop in Fiscal H1

12:25 AM EDT, 11/03/2021 (MT Newswires) -- Best Mart 360 Holdings (HKG:2360) expects profit attributable to owners to slump between 35% to 40% for the six months ended Sept. 30, as compared with HK$3

MT NewswiresNov 3, 2021 00:25 ET

Sun Art Retail's Profit Plunges 86% in Fiscal H1 as Sales of Goods Fall

09:14 PM EDT, 11/01/2021 (MT Newswires) -- Sun Art Retail Group (HKG:6808) recorded an 86% drop in profit in the six months ended Sept. 30, dragged down by lower revenue from sales of goods and highe

MT NewswiresNov 1, 2021 21:14 ET

Sun Art Could Experience Top-Line Pressure in 2H -- Market Talk

DJ Sun Art Could Experience Top-Line Pressure in 2H -- Market Talk 0147 GMT - Sun Art Retail Group's sales could be pressured in 2H, Citi says. The China hypermarket operator could get significant

Dow Jones NewswiresOct 5, 2021 21:47 ET