SA SA INT'L (00178) has risen more than 12% again. At the time of writing, the stock was up 10.98%, trading at HK$0.91 with a turnover of HK$31.1964 million. The catalyst for the movement is the company's recent release of an annual profit alert. SA SA INT'L anticipates that for the fiscal year ending March 2026, its net profit attributable to owners will surge to approximately HK$190 million to HK$205 million, representing a significant year-on-year increase of 147% to 166%. Based on calculations, the company's profit for the second half of the fiscal year is estimated to be between HK$140 million and HK$155 million, indicating a noticeably accelerated pace of profit realization.

Jefferies published a research report stating that SA SA INT'L's sales growth has accelerated since the fourth fiscal quarter. This is primarily attributed to a favorable macroeconomic environment, including a stronger Renminbi and robust tourist arrivals in Hong Kong. Furthermore, the group's successful product strategy has effectively driven improvements in conversion rates, transaction volume, and average selling price. The brokerage expects SA SA INT'L's sales growth momentum to continue into fiscal years 2027 and 2028. This sustained growth is anticipated to create operating leverage, thereby driving further profit expansion. Consequently, Jefferies has significantly raised its target price for the stock by 70%, from HK$0.67 to HK$1.14, and upgraded its rating from "Hold" to "Buy".