SA SA INT'L (00178) reported a year-on-year decline of 7% in total revenue from October 1st to November 10th.

SA SA INT'L (00178) announced that in the third quarter from October 1 to November 10, 2024, the total turnover of the group decreased by 7.0% year-on-year to HK$461.4 million. Among them, the sales in Hong Kong and Macau decreased slightly by 6.4% compared to the same period last year, showing a significant improvement from the 20.4% and 16.4% declines in the first and second quarters, respectively. With the Hong Kong interbank interest rate cut in September 2024 stimulating the local stock market, the Hang Seng Index rose from 18,013 points on September 19, 2024 to 20,317 points on October 31, 2024, boosting consumer confidence and local consumption. Similarly, the interest rate cut by the People's Bank of China and the central government's announcement of a monetary easing policy also helped improve consumer willingness to spend, with a significant improvement in sales during the National Day holiday in October.