Sa Sa International Books 23% Higher Turnover in Fiscal Q1

MT Newswires Live13:33

Sa Sa International Holdings (HKG:0178) posted a 23% jump in turnover in the fiscal first quarter to HK$1.18 billion from HK$959.8 million a year earlier.

The beauty retailer's offline sales in the quarter ended June 30 soared 29% to HK$992.2 million from HK$767.1 million a year ago, a Wednesday Hong Kong bourse filing said.

Online sales declined 2.9% to HK$187.1 million from HK$192.7 million previously.

The company operated 160 offline stores as of June-end and plans to add six to seven stores in Hong Kong in the first half of the financial year to meet demand.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment