trending Market Intelligence /marketintelligence/en/news-insights/trending/ve_uS4ubdqeSAHhj_8q9ug2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Sa Sa International fiscal H1 profit falls YOY

Blog

COVID-19 Impact & Recovery: LCD Outlook for H2 2021

Blog

COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021


Sa Sa International fiscal H1 profit falls YOY

Sa Sa International Holdings Ltd. said its normalized net income for the fiscal first half ended Sept. 30 was 4 Hong Kong cents per share, a decrease of 51.3% from 9 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was HK$127.2 million, a decline of 51.4% from HK$261.6 million in the prior-year period.

Total revenue decreased 10.6% year over year to HK$3.78 billion from HK$4.23 billion, and total operating expenses fell 6.2% on an annual basis to HK$3.58 billion from HK$3.82 billion.

Reported net income declined 54.7% from the prior-year period to HK$153.6 million, or 5 cents per share, from HK$339.1 million, or 12 cents per share.