Sa Sa International hits 3-year high on robust earnings outlook
Shares of Hong Kong-based Sa Sa International climbed 3.4% to HK$1.21, their highest level since August 2023. The skincare and cosmetics chain operator expects profit attributable of more than HK$150 million ($19.12 million) for six months ending in September, up from HK$50.2 million a year ago, due to a significant increase in same-store sales and online sales in Hong Kong and Macao.
21, the highest since August 2023. The stock was on course for its biggest one-day percentage gain since September 17 after an eighth straight session of gains. 2 million a year earlier. The company said the expected increase in profit is driven by a significant rise in same-store sales, the number of transactions, average sales per transaction and the number of items per transaction in Hong Kong and Macao, while B2C online sales and profitability also grew rapidly.
91%. 8440 Hong Kong dollars)