)
Visual
earnings real time
Sa Sa International Holdings (178) investor relations material
Sa Sa International Holdings H1 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 25/26 earnings summary21 Nov, 2025
Executive summary
Turnover rose 6.6% year-on-year to HK$1,990.6 million for the six months ended 30 September 2025, driven by increased tourist arrivals in Hong Kong and Macau, improved sales, and a strategic shift to online in Chinese Mainland, resulting in a turnaround from loss to profit.
Profit for the period (including discontinued operations) increased 54.8% year-on-year to HK$50.2 million, with basic earnings per share at 1.6 HK cents and an interim dividend of 1.15 HK cents per share, reflecting a payout ratio of approximately 71%.
Offline sales in Hong Kong and Macau increased 8.9% year-on-year, supported by improved consumer sentiment and tourism, while online sales overall accounted for 20% of total turnover.
The Group closed all physical stores in Chinese Mainland by June 2025 to focus on online business.
Operational efficiency improved, with cost controls and a focus on sustainable long-term profit growth.
Financial highlights
Gross profit increased 4.2% year-on-year to HK$755.0 million, with gross profit margin slightly down by 0.9ppt to 37.9%.
Operating profit from continuing operations was HK$69.5 million, up from HK$65.4 million last year.
Basic earnings per share rose to 1.6 HK cents from 1.0 HK cent last year.
Interim dividend payout ratio was approximately 71% of profit.
Cash and bank balances stood at HK$251.1 million as of 30 September 2025, with a current ratio of 1.6.
Outlook and guidance
The Group aims to maintain a stable gross profit margin and sustainable growth by adapting to market trends, optimizing omni-channel integration, and expanding the OMO (online-merge-offline) experience.
For the third quarter (1 Oct–16 Nov 2025), turnover increased 11.3% year-on-year, with online sales up 16.1%.
Plans include further digital upgrades, product mix optimization, and expansion of the store network in Hong Kong and Macau.
Chinese Mainland online growth strategy
Southeast Asia offline sales recovery plan
Inventory management and cash flow strategy
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Sa Sa International Holdings earnings date
H2 25/2618 Jun, 2026
Next Sa Sa International Holdings earnings date
H2 25/2618 Jun, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
)
Frequently asked questions
Sa Sa International Holdings Limited is a Hong Kong-based retail company specializing in beauty and personal care products. The company operates an extensive network of retail stores across Hong Kong, Macau, Mainland China, and Southeast Asia, offering a variety of skincare, fragrance, makeup, and health supplements. In addition to its brick-and-mortar stores, Sa Sa has a growing e-commerce presence, providing online shopping options for its customers. Sa Sa sources products from international brands as well as its own private labels, catering to a wide range of beauty needs and preferences. The company is headquartered in Hong Kong, and its shares are listed on the HKEX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage