Sa Sa International Holdings Limited (HK:0178) has released an update.
Sa Sa International Holdings Limited reported a 11% year-on-year decline in turnover for the second quarter ending September 2024, with offline sales dropping by 14.7% while online sales rose by 7.5%. The company faced challenges due to a sluggish macroeconomic environment and increased overseas travel by local residents, but saw improvements in online sales in Mainland China and a reduction in sales decline in Hong Kong and Macau. Sa Sa is adapting to consumer preferences for value-for-money products and optimizing strategies to enhance operational efficiency.
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