Sa Sa (00244) released its mid-term business performance for 2024, with a revenue of HKD 65.05 million, a year-on-year decrease...
According to the announcement, Sa Sa (00244) released its mid-term business performance for 2024, with a revenue of HKD 65.05 million, a year-on-year decrease of 12.52%. Shareholders' loss amounted to HKD 27.26 million, a year-on-year expansion of 55.83%. The basic loss per share was HKD 0.02.
The announcement stated that in the first half of 2024, the group's department store business achieved a revenue of approximately HKD 65.3 million (compared to approximately HKD 74.3 million in the first half of 2023), a decrease of approximately 12.1% from the first half of 2023. This is mainly due to weak consumer spending and a generally low market sentiment in the retail trade in the first half of 2024.
