Sa Sa International Holdings
HK's Sa Sa shines on strong revenue
Hong Kong cosmetic products distributor Sa Sa International Holdings posted strong growth in revenue for the quarter ended in December.
In a filing to the Hong Kong bourse, Sa Sa said turnover rose 28.9 percent year on year in the fourth quarter of last year to HKD1.81 billion (USD233.03 million), and same-store sales at its Hong Kong and Macau operations grew 20.7 percent.
Talent gap in China threatens HK Sa Sa's growth
Hong Kong-listed cosmetics retailer Sa Sa International Holdings may consider slowing down the pace of shop openings on the mainland, because rapid growth in China is straining its talent pool.
The company, Hong Kong's largest cosmetics retailer, reported a 27.3 percent increase in net profit to HKD224.3 million (USD28.8m) for the six months to September, as turnover grew 32.7 percent to HKD2.8 billion.
HK's Sa Sa sees profit rise 20.6pc
Hong Kong beauty retailer Sa Sa International Holdings Ltd (Sa Sa) has reported its financial results for the year ended 31 March 2010. Group turnover amounted to HKD4.11 billion (USD527.2 million), representing an increase of 13.9 percent over the HKD3.6 billion (USD461.3 million) recorded last year. Profit for the year was HKD381.1 million (USD48.8 million), a rise of 20.6 percent over the HKD316 million recorded during the last fiscal year.
