Chinese retailer Sun Art Retail Group has booked an increase in first-half profit and said it will continue its store expansion in the back half of the year.

Sun Art, the local venture of French retailer Auchan, saw earnings climb 14.8% to CNY1.58bn (US$258.4m). Operating profit was up 12.8% to CNY2.30bn.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Sales reached CNY44.51bn, a 12.9% increase on the prior-year period. Same-store sales were up 4%.

CEO Bruno Robert Mercier the group will continue to “seize the opportunities” arising from urbanization, and will maintain a “steady pace” for new store openings in the second half of the year.

He added: “The group will endeavour to improve operational and staff efficiencies. Besides, we will actively explore the different e-commerce business models so as to provide customers with convenient ways to shop and develop new profit sources for the group. On the whole, we will embrace challenges arising from the changing market environment and enhance our leading position in the market.”

During the period, the group opened 11 hypermarkets under the RT-Mart banner, bringing the total number to 284.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Click here to view the full earnings release.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now