Sa Sa International sees higher turnover, led by Hong Kong, Macau

(Source: Big Stock)

Beauty retailer Sa Sa International Holdings saw a surge in turnover in the second quarter through September 30.

The company booked a 46.2 per cent increase in sales to HK$1.10 billion (US$140.61 million) on the back of higher offline and online sales across most of its markets.

Its Hong Kong and Macau segment posted the highest turnover of HK$859.5 million (US$147.07 million), up 61.6 per cent, thanks to the boost from various festivals and promotions in Hong Kong and large-scare exhibitions in Macau.

The company opened three new stores in Hong Kong in response to the return of tourists.

Meanwhile, turnover grew 13.7 per cent to HK$146.3 million (US$29.61 million) in Mainland China and jumped 191.9 per cent to HK$2.9 million (US$370720) in the other sectors.

Southeast Asia turnover, however, slid 0.3 per cent to HK$88.3 million (US$17.87 million) as Malaysians struggled with the rising cost of living.

The company ended the three-month period with 184 stores, down from 193 in the same quarter in the previous year.

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