Sa Sa International Sees Online Sales Surge Amid Challenges

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

Sa Sa International Holdings Limited reports a 9.8% year-on-year decline in total turnover for Q1 2024, primarily due to reduced sales in Hong Kong and Macau amidst a challenging macroenvironment and increased outbound travel. However, online sales surged by 71.3%, now accounting for 21.3% of total turnover, with Mainland China’s online business experiencing robust growth. The company remains optimistic about gradual improvements in market conditions and performance.

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