Sunday, February 19, 2017

UPDATE 1-China's Sun Art's 2016 profit up 5.2 pct, beats forecast

HONG KONG, Feb 19 (Reuters) - Hypermarket operator Sun Art

Retail Group Ltd on Sunday posted a 5.2 percent rise

in 2016 net profit, beating forecasts, as steady demand from

lower-tier cities helped offset growing pressure from the

rapidly growing e-commerce sector.

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