SUNARTRETAIL：FINANCIALRESULTSANNOUNCEMENTFORTHEYEARENDED31DECEMBER2018.pdf

1、1Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in relia

2、nce upon the whole or any part of the contents of this announcement.SUN ART RETAIL GROUP LIMITED高鑫零售有限公司(Incorporated in Hong Kong with limited liability)(Stock code:06808)FINANCIAL RESULTS ANNOUNCEMENT FORTHE YEAR ENDED 31 DECEMBER 2018HIGHLIGHTS OF ANNUAL RESULTSFor the year ended 31 December20182

3、017Change RMB millionGross Sales Proceeds(1)101,315102,320(1.0)%Revenue99,359102,320(2.9)%Gross Profit25,11924,6741.8%Profit from Operations4,1964,487(6.5)%Profit for the Year2,8183,020(6.7)%Profit Attributable to Equity Shareholders of the Company2,5882,793(7.3)%Earnings Per Share(“EPS”)Basic and d

4、iluted(2)RMB0.27RMB0.29As at 31 December20182017Change RMB millionTotal Assets61,77959,7373.4%Total Liabilities36,67836,1881.4%Net Assets25,10123,5496.6%Net Financial Position(3)13,48310,49228.5%Current Ratio(4)0.850.78Notes:(1)Gross Sales Proceeds consist of gross proceeds from product sales includ

5、ing consignment sales and rental income,excluding value-added tax.For further information,please refer to the analysis of revenue on Page 18.(2)The calculation of basic and diluted EPS for the year ended 31 December 2018 and 2017 is based on the weighted average number of 9,539,704,700 ordinary shar

6、es in issue during the year.(3)The balance of net financial position is calculated as the sum of cash and cash equivalents and investment and time deposits minus bank loans.(4)Current Ratio=Current Assets/Current Liabilities2The board(the“Board”)of directors(the“Directors”)of Sun Art Retail Group Li