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BUZZ-HK cosmetics chain Sa Sa drops on lower annual profit

Reuters
Jun 19
BUZZ-HK cosmetics chain Sa Sa drops on lower annual profit

** Shares of Hong Kong-based Sa Sa International Holdings 0178.HK fall 6.3% to HK$0.59, their lowest since May 2, and on course to snap five consecutive sessions of gains

** Stock set for biggest one-day pct drop since April 8

** The skincare and cosmetics chain operator said its net profit for year ended in March 2025 dropped 64.8% y/y with turnover down 9.7% y/y; it also proposed a final dividend of HK$0.017 per share compared to HK$0.05 a year ago

** However, says its turnover for first quarter, from April 1 to June 15, increased 4.5% y/y

** Hang Seng Consumption Index .HSCGSI drops 3%, Hang Seng Index .HSI falls 1.8%

** YTD, stock down 13%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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