Sa Sa International Holdings Limited (HK:0178) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Sa Sa International Holdings Limited reported a 10.4% decline in turnover to HK$1,920.5 million for the six months ending September 2024, attributed to weak macroeconomic conditions and reduced spending by Mainland Chinese tourists in key markets. Despite these challenges, the company saw a robust 61.2% increase in online sales in Mainland China and a significant 18.5% growth in offline sales in Southeast Asia. The company declared an interim dividend of 0.75 HK cents per share, reflecting a commitment to maintaining a steady dividend policy.
For further insights into HK:0178 stock, check out TipRanks’ Stock Analysis page.