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178 — Sa Sa International Holdings News Story

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HK cosmetics chain Sa Sa hits over 3-year peak as quarterly turnover jumps

BUZZ-HK cosmetics chain Sa Sa hits over 3-year peak as quarterly turnover jumps

** Shares of Hong Kong-based Sa Sa International 0178.HK jump 8.3% to HK$1.3, their highest level since August 2023

** Stock on track for biggest one-day gain since June 25 in the second rising session

** The skincare and cosmetics chain operator posts 37.2% y/y rise in Q2 total turnover to HK$1.41 billion ($179.69 million)for the July-September quarter

** Sa Sa says its offline sales in Hong Kong and Macao up more than 60% y/y during the National Day Golden Week holiday from October 1 to 7, with same-store sales up over 50% y/y and total number of transactions recording significant y/y increases

** YTD, stock up 117.6%, while benchmark Hang Seng Index .HSI down 6.1%

($1 = 7.8470 Hong Kong dollars)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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