Hong Kong’s Sa Sa International Sees Revenue Rise to HK$3.5B, Profits Return With Mainland Tourists

HONG KONG, June 15 – Hong Kong-based cosmetics retail chain Sa Sa International (HK:00178) posted a 2.6% rise in annual revenue to HK$3.5 billion ($449 million) for the fiscal year ending March 2023, turning a first-half loss of HK$133 million into a net profit of HK$58 million ($7.5 million).
The group’s shares closed 1.36% higher at HK$1.49 on June 15, resulting in a market cap of around HK$4.6 billion ($590 million).

Sa Sa International, known as a one-stop professional beauty platform, has expanded its range of products in recent years, including beauty nutrition food …