Sa Sa International's (HKG:0178) turnover fell by 11% in the third quarter of 2024 to HK$975.9 million, a Friday bourse filing said.
Of this, offline sales fell by 15% to HK$780.9 million, while online sales rose by 7.5% to HK$195 million.
The lower turnover was mainly due to a sluggish macroenvironment, northbound and overseas travel of local residents, and restrained consumption by Mainland Chinese tourists entering Hong Kong and Macau.
As of Sept. 30, the beauty products retailer had 178 retail stores across Hong Kong and Macau, Mainland China, and Southeast Asia.
Shares of the company closed nearly 3% higher on Friday.
Price (HKD): $0.74, Change: $+0.020, Percent Change: +2.78%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。