Sa Sa International Holdings Limited ( (HK:0178) ) just unveiled an update.
Sa Sa International Holdings Limited reported a 7.2% year-on-year decline in turnover for the fourth quarter ending March 31, 2025, totaling HK$966.1 million. The decline was attributed to strategic realignments and economic challenges, particularly in Mainland China, where the company plans to close 18 stores and shift to an asset-light model. Despite the downturn, offline sales in Hong Kong and Macau showed improvement due to recovering tourist arrivals, while Southeast Asia experienced growth in online sales. The company aims to optimize its product portfolio and expand its store network in response to favorable tourism policies.
More about Sa Sa International Holdings Limited
Sa Sa International Holdings Limited is a company incorporated in the Cayman Islands, primarily operating in the beauty and cosmetics industry. The company focuses on retailing a wide range of beauty products, including skincare, fragrance, and cosmetics, with a significant market presence in Hong Kong, Macau, Mainland China, and Southeast Asia.
YTD Price Performance: -15.94%
Average Trading Volume: 3,309,008
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.8B
Learn more about 0178 stock on TipRanks’ Stock Analysis page.