Sa Sa International First-Quarter Turnover Rises 5%, Launches HK$20 Million Buyback Plan; Shares Surge 9%

MT Newswires Live
07/09

Sa Sa International Holdings (HKG:0178) reported a 4.7% year-on-year rise in group turnover to HK$959.8 million for the quarter ended June 30, supported by a 7.3% increase in offline sales driven by recovering tourism in Hong Kong and Macau, according to a Tuesday bourse filing.

Shares of the company were up about 9% in Wednesday morning trade.

Same-store sales in the core market rose 11.2% amid improved transaction volume and spending.

Online sales fell 4.3% to HK$192.7 million, with Mainland China e-commerce revenue down 19.2% on a high base, the company said.

The beauty retailer also disclosed a share purchase plan of up to HK$20 million over the next 12 months, combining open-market buybacks and purchases under its 2014 share award scheme.

The board said the plan reflects confidence in Sa Sa's long-term prospects and aims to support shareholder value amid recent share price volatility.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10