Sasa International Closes 29 Stores in Mainland China Last Quarter
- Chaileedo Press
- Oct 18, 2022
- 2 min read
In the second quarter, Sasa International's mainland China revenue was HK$59 million ($7.516 million), down 9.8% year-on-year, while same-store sales fell 11%, mainly due to the outbreak of the epidemic and weak consumption. However, Sasa International also said that the mainland China market remains an important market for it.
On October 17, Sasa International Holdings Limited (hereinafter referred to as Sa Sa International) released its sales figures for the second quarter of the current fiscal year from July 1 to September 30, 2022. In the second quarter, Sasa International achieved a turnover of HK$750 million(about $95.54 million), a slight decrease of 1.1% year-on-year.
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