China's Sun Art's 2016 profit up 5.2 pct, beats forecast
February 19, 2017 at 06:40 AM EST
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 increasing pressure from the country's rapidly growing e-commerce sector.
