Summary by Moomoo AI
Sa Sa International Holdings Limited announced its interim results for the six months ending September 30, 2024, with a turnover decrease of 10.4% to HKD 1,920.5 million, primarily affected by a weak macro market and challenges in the Hong Kong and Macau tourism market. Online business in mainland china grew by 61.2%, reaching HKD 257.5 million, while offline sales in Southeast Asia increased by 18.5% year-on-year. The group's gross profit decreased by 14.1% to HKD 756.5 million, and the gross margin fell to 39.4%. Pre-tax profit was HKD 43.9 million, and post-tax profit was HKD 32.4 million, significantly down from HKD 102.4 million in the same period last year. Basic earnings per share were HKD 1.0. The board of directors announced an interim dividend of HKD 0.75 per share, equivalent...Show More