Sa Sa International 0178

Re: Sa Sa International 0178

Postby winston » Thu Jun 20, 2013 8:47 pm

SA SA INT'L (00178.HK) expects double-digit sales growth for 2013
2013-06-20

In response to the question whether the company's sales will be impacted by the slowdown of mainland's economy, SA SA INT'L (00178.HK)'s Chairman and Chief Executive Officer Simon Kwok, said at the result announcement meeting that he was not worried about the sales outlook as the company has a history of more than 30 years in the industry and the cosmetics have been regarded as necessities instead of luxury products.

The company will keep introduce new products and provide services to boost growth. According to a conservative projection, the company's sales are expected to record a double-digit growth this year.

He also mentioned that the company may change the mode for its mainland stores to improve economic efficiency. He was confident that the losses from mainland stores will be gradually narrowed.


Source: AAStocks Financial News
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Re: Sa Sa International 0178

Postby winston » Fri Jun 21, 2013 5:58 am

Sa Sa figures up as it does cosmetic surgery in China by Ling Wang
Friday, June 21, 2013

Cosmetics retailer Sa Sa International (0178) earned a net profit of HK$825.6 million for the year to March 31, but mainland operations continued to be in the red for the second year in a row.

"The loss in the mainland in the past [fiscal] year was due to the closing of 11 badly performing outlets," said chairman and chief executive Simon Kwok Siu-ming.

The closures were necessary to boost same-store sales efficiency, he added.

Earnings per share hit 29.3 HK cents, up 19.1percent on the previous year while profits rose 19.7percent.

The firm proposed a final dividend of five HK cents plus a special dividend of nine HK cents. Sales hit HK$7.7 billion in the company's 249 stores, up by 19.7percent.

Hong Kong and Macau remained the biggest contributors, with sales jointly rising 20.8percent.

Same-store sales in the two SARs rose 15percent.

But sales in the mainland slowed down sharply and the operation recorded a loss of 30 million yuan (HK$37.94 million), slightly lower than 31.3 million yuan in the 2011-12 fiscal year.

Looking ahead, Sa Sa said overall sales increased 21.3percent during April to June from a year back. "We are confident of double-digit top-line growth this year," Kwok said, adding mainland losses are expected to narrow further.

The retailer plans to open 20 more small boutiques in the mainland. In Hong Kong and Macau, it will add 13 outlets. Shares of Sa Sa International fell 5.73percent to HK$7.73 yesterday.

http://www.thestandard.com.hk/news_deta ... 30621&fc=8
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Re: Sa Sa International 0178

Postby winston » Thu Jun 27, 2013 9:09 am

SA SA INT'L (00178.HK) to post optimistic profit this year - Matthew Kwok
Jun 26, 2013

Matthew Kwok, chief strategist at China Yinsheng Securities, said the market is optimistic towards SA SA INT'L (00178.HK) profit this year with an expected growth of 20%.

Current valuation, standing at 19x P/E ratio, is reasonable.

The stock will be more attractive if the price drops below $6.5.


Source: AAStocks Financial News
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Re: Sa Sa International 0178

Postby winston » Thu Jul 11, 2013 8:38 pm

SA SA INT'L (00178.HK) 1Q income up 20% YoY to $1.9B
2013-07-11

SA SA INT'L (00178.HK) announced that the company's turnover in the first fiscal quarter ended 30 June 2013 increased 20.1% yearly to HK$1.905 billion.

During the period, the sales in Hong Kong and Macau grew 24.8% to HK$1.53 billion, and same-store sales gained 17% from the year-ago period.

Transaction volume and amount both surged 14% and 10.9% respectively.

Turnover in other markets including Mainland China, Singapore, Malaysia, Taiwan and sasa.com gained 4.2%.


Source: AAStocks Financial News
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Re: Sa Sa International 0178

Postby winston » Fri Jul 12, 2013 8:57 pm

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Sa Sa International Holdings Ltd recorded a year-on-year increase of 20.1 percent in turnover and 17 percent increase in same store sales growth, due to growing demand for cosmetics products and strengthened penetration in non-traditional tourist areas.

Source: Reuters
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Re: Sa Sa International 0178

Postby winston » Sat Sep 14, 2013 9:15 pm

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SA SA INT'L (00178.HK) kept Outperform, TP hiked to $10.5 - CS

Credit Suisse noted in a research report that according to the latest sources and the meeting with the management, SA SA INT'L (00178.HK)'s 2Q14 same-store-sales registered double-digit growth.

Considering the 1Q growth of 17%, the research house estimates that the 1H growth will be 13%-14%.

The rating is maintained at Outperform with target raised from $9.3 to $10.5.

Source: AAStocks Financial News
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Re: Sa Sa International 0178

Postby Chinaman » Mon Sep 16, 2013 9:50 pm

Chinaman wrote:
winston wrote:not vested

SA SA INT'L (00178.HK) SSS up 12.4% yoy during Golden Wk

SA SA INT'L (00178.HK) announced during the National Day Golden Week (1 October to 7 October), the retail sales in Hong Kong and Macau rose 19.5% year-on-year, and the same-store-sales rose 12.4% year-on-year.


Source: AAStocks Financial News


This ticker got potential...keep an eye on it, when price retract can consider buying abit......weather proof counter.


mentioned this in Oct'08.....at last divested with 100% gain...today closed at HKD 9.00 wow super high liao
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Re: Sa Sa International 0178

Postby winston » Tue Nov 19, 2013 5:22 am

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Sa Sa wears a glow

Cosmetics retailer Sa Sa International (0178) is looking good with interim net profit of HK$357 million, a jump of 26.7 percent from 12 months earlier after strong local sales that saw it beat market estimates of its performance.

Turnover in six months to September 30 was HK$3.4 billion, up 15.4 percent from 12 months back.

In Hong and Macau, where Sa Sa now has 103 outlets, sales rose 20 percent to HK$2.6 billion and net profit by 32 percent to HK$375 million largely on purchases by same-day-return mainland visitors.

Chairman Simon Kwok Siu-ming expects sales in Hong Kong and Macau to maintain double-digit growth this fiscal year after a first-half increase of 3 percent.

There will also be 19 more outlets by March.

But the 58 shops in the mainland had a net loss of HK$27.2 million after what was said to be a wrong strategy of selling its own branded products. Sa Sa has now divided the mainland into three operating regions.

In response to plans by CEC International (0759) to open a cosmetics store in Hong Kong, Kwok said he welcomes competition as it reflects a booming market.

The largest local cosmetics chain, Sa Sa declared a dividend of 9 HK cents, including a 4.5 HK cents special dividend.

Shares rose 4.7 percent to HK$8.65 yesterday after results were announced.

http://www.thestandard.com.hk/news_deta ... 31119&fc=2
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Re: Sa Sa International 0178

Postby winston » Thu Jan 09, 2014 7:43 pm

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SA SA INT'L (00178.HK) 3Q turnover up 14.8% yoy

SA SA INT'L (00178.HK) +0.030 (0.334%) Short selling $6.88M; Ratio 27.284% announced unaudited operating statistics.

Retail and wholesale turnover rose 14.8% yearly to $2.517 billion for the third quarter ended 31 December 2013.

Retail and wholesale turnover in HK and Macau added 17.4% to $2.077 billion, and same-store-sales growth was 15.8%. Average sales per transaction and total number of transaction increased 3.1% and 15.4% respectively.

The group pointed out sales performance in HK and Macau had expanded steadily in 3Q, due to strengthened promotions and price discounts in mid-October 2013, which had stimulated store traffic and consumptions.

Retail and wholesale turnover escalated 15.6% to $6.452 billion in 1Q-3Q, and turnover in HK and Macau jumped 18.7% to $5.24 billion over the period.


Source; AAStocks Financial News
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Re: Sa Sa International 0178

Postby winston » Sun Jan 12, 2014 8:14 pm

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SA SA INT'L (00178.HK) rated Outperform with target cut to $10.1 by Stanchart
2014-01-10

Standard Chartered Bank reduced 2014-2015 EPS forecasts of SA SA INT'L (00178.HK) -0.530 (5.876%) Short selling $62.51M; Ratio 35.323% by 2.8%-3.1%, due to its lower gross margin. Target price dropped from $10.3 to $10.1.

Nevertheless, the bank believed the sales network of SA SA INT'L is more well-developed than its peers. Moreover, the company can increase market share via change of product mix and its strong execution, thus rating was retained at Outperform.

The bank pointed out SSSG in HK and Macau remained robust in 3Q, thanks to the promotional activities in October 2013, which had stimulated store traffic. 2014 SSSG estimate was raised to 13%.


Source: AAStocks Financial News
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