Sa Sa International Archives - Inside Retail Asia
Sa Sa International sales slipped 2.2 per cent in the latest quarter, with same-store sales in Hong Kong and Macau down 3.7 per cent.
SaSa sales have soared by 24.8 per cent in the first quarter as mainland tourists returned to Hong Kong to shop.
Sasa profits soared 34.7 per cent in the last financial year, as sales at Hong Kong and Macau stores posted solid gains.
With turnover, sales and profits all up, Sa Sa International Holdings is looking good as it enters it second half.
Sa Sa profits took at 37.3 per cent hit during the six months to September 30.
A 2.3 per cent decrease in turnover is expected to result in Sa Sa profits dropping as much as 45 per cent in its first half.
Turnover for cosmetics retailer Sa Sa International Holdings fell by 5.7 per cent for the first quarter.
Cosmetics retail chain Sa Sa International recorded a 12.8 per cent drop in turnover, sliding to HK$7845.9 million.