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Sa Sa International Sees Diverse Growth Amid Turnover Dip

Sa Sa International Sees Diverse Growth Amid Turnover Dip

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

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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.

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