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Sa Sa International Reports Robust Turnaround

Sa Sa International Reports Robust Turnaround

Sa Sa International Holdings Limited (HK:0178) has released an update.

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Sa Sa International Holdings Limited reports a 24.8% surge in annual turnover to HK$4,367.5 million, driven by the return of Mainland tourists and a 74.5% growth in online sales in Mainland China. The company saw a substantial profit before tax of HK$266.7 million, marking a significant turnaround from the previous year’s loss. In response to this success, Sa Sa proposes a final dividend of 5.0 HK cents per share, highlighting a return to solid profitability and a commitment to a steady dividend policy.

For further insights into HK:0178 stock, check out TipRanks’ Stock Analysis page.

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