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Sa Sa International Holdings Ltd (0178.HK)

0178.HK on Hong Kong Stock

3.53HKD
1 Dec 2016
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Wed, Nov 23 2016

UPDATE 1-HK cosmetics chain Sa Sa sees light at end of retail tunnel

* Competition from online, smaller shops to hit profitability

Hong Kong cosmetics chain Sa Sa's profit plunges on fewer China tourists

HONG KONG, Nov 23 Hong Kong skin care and cosmetics retailer Sa Sa International Holdings Ltd said on Wednesday its half-year net profit plunged 37.3 percent as a drop in mainland tourists to the city and a stronger currency hit consumer sentiment.

BRIEF-Sa Sa International says Q2 group retail and wholesale turnover decreased by 2.3 pct

* for Q2 from 1 July to 30 September 2016, group's retail and wholesale turnover decreased by 2.3%

BRIEF-Sa Sa International Holdings issues profit warning

* Profit of group for hy is expected to record a decline of approximately 35-45%

BRIEF-Lightbridge enters investors rights agreement with General International Holdings - SEC Filing

* On august 2, lightbridge entered into an investors rights agreement with general international holdings

BRIEF-Sa Sa International Holdings Ltd to shut down some of its shops in tourist districts - Nikkei

* Sa Sa International Holdings are seeking to reposition their stores to cut business costs and cater to a mass-market local audience - Nikkei

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