Sa Sa International Expects up to 69% Decline in April-September Profit

MT Newswires Live
2024-10-18

Sa Sa International (HKG:0178) expects a profit attributable to owners between HK$31 million and HK$35 million for the six months ended Sept. 30, 65% to 69% lower than HK$102 million logged for the same period last year, a Friday filing with the Hong Kong Exchange said.

The company attributed the decrease to a decline in its turnover, mainly resulting from reduced local consumption and a reduction in turnover from tourism.

The health and beauty products chain store's shares closed nearly 3% higher on Friday.

Price (HKD): $0.74, Change: $+0.020, Percent Change: +2.78%

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