On January 17, GLONGHUI | Salsa International (00178.HK) announced that for the third quarter from October 1 to December 31, 2024, the Group's overall turnover was HK$1.0551 billion, down 10.7% year-on-year. Offline sales recorded HK$0.8752 billion, a significant year-on-year decline from 17.4% in the first half of this fiscal year to 7.9% during the period, mainly due to continued recovery in the number of mainland visitors to Hong Kong and Macau, the Group's core markets, which helped improve the Group's offline sales. The offline business accounts for 82.9% of the Group's total turnover.
The Group's online sales fell 22.3% to HK$0.0.1799 billion, mainly due to the weak mainland economy, and the Group adjusted its local online business layout; online sales in Hong Kong and Macau maintained steady development. Southeast Asia was dominated by cooperation with third party e-commerce platforms, and recorded a year-on-year increase of 12.9%. The online business accounts for 17.1% of the Group's total turnover.
Comment(0)
Reason For Report