SaSa’s third-quarter sales increase with growth across all markets

(Source: Sasa)

Beauty retailer Sa Sa International Holdings saw its third-quarter turnover surge amid growth across all its markets.

The company’s turnover during the three months ended December 31 last year grew 36.7 per cent to HK$1.18 billion (US$224.6 million). 

SaSa’s offline sales rose 35.7 per cent to HK$950.6 million (US$180.9 million) while online sales, which represented 19.6 per cent of total turnover, jumped 41.2 per cent to HK$231.6 million (US$44.1 million).

The company’s sales climbed 49.3 per cent to HK$187.1 million (US$35.6 million) in Mainland China and went up 39.4 per cent to HK$889.4 million (US$169.2 million) in Hong Kong and Macau.

The company said it will continue leveraging its WeChat Mini-program to connect its sales consultants with customers in Mainland China.

Southeast Asia sales inched 2.9 per cent higher to HK$102.7 million (US$19.5 million) while its ‘other markets’ sales soared 78.1 per cent to HK$3 million (US$383,771).

The company re-established its presence in Singapore after the opening of its first outlet in December. SaSa said more store openings are in its pipeline for this year.

You have 7 articles remaining. Unlock 15 free articles a month, it’s free.