Sa Sa Int'l Holdings Limited announced its interim business performance for the six months ended September 30, 2024. Revenue decreased by 10.4% to HK$1,920.5 million, mainly impacted by weak macroeconomic conditions and challenges in the Hong Kong and Macau tourism market. Online business in China mainland grew by 61.2% to HK$257.5 million, while offline sales in Southeast Asia increased by 18.5% annually. The group's gross margin decreased by 14.1% to HK$756.5 million, with a gross margin of 39.4%. Profit before tax was HK$43.9 million, and profit after tax was HK$32.4 million, significantly lower than the HK$102.4 million in the same period last year. Basic earnings per share were 1.0 HK cent. The board of directors announced a distribution of an interim dividend of 0.75 HK cent per...Show More

Sa Sa Int'l Holdings Limited announced its interim business performance for the six months ended September 30, 2024. Revenue decreased by 10.4% to HK$1,920.5 million, mainly impacted by weak macroeconomic conditions and challenges in the Hong Kong and Macau tourism market. Online business in China mainland grew by 61.2% to HK$257.5 million, while offline sales in Southeast Asia increased by 18.5% annually. The group's gross margin decreased by 14.1% to HK$756.5 million, with a gross margin of 39.4%. Profit before tax was HK$43.9 million, and profit after tax was HK$32.4 million, significantly lower than the HK$102.4 million in the same period last year. Basic earnings per share were 1.0 HK cent. The board of directors announced a distribution of an interim dividend of 0.75 HK cent per share, equivalent to approximately 72% of the profits for the period, and will maintain a stable dividend policy. Sa Sa Int'l performed well in online business in Hong Kong, Macau, mainland China, and Southeast Asia markets, with online penetration accounting for 20.6% of total group sales. The group will continue to invest in online business and seek to enhance operational efficiency and optimize cost structure.