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BRIEF-Sun Art Retail Group expects to record increase in net profit for six months ended 30 June 2017
July 11, 2017 / 10:30 PM / 2 months ago

BRIEF-Sun Art Retail Group expects to record increase in net profit for six months ended 30 June 2017

July 12 (Reuters) - Sun Art Retail Group Ltd:

* Group is expected to record a significant increase in net profit for six months ended 30 June 2017

* Will continue to monitor unutilized balance for prepaid cards issued and sold since 1 July 2012 and may recognize further amounts in future

* Expected result due to other income arising from recognition by co of unutilized balances on prepaid cards issued and sold on or before 30 June 2012 Source text for Eikon: Further company coverage:

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