HK Stock Market Move | SA SA INT'L (00178) once rose more than 4% and resumed paying a mid-term dividend of 0.75 Hong Kong cents. The sales in the third quarter in Hong Kong and Macau improved significantly.
14/11/2024
GMT Eight
SA SA INT'L (00178) rose over 4% in the afternoon, up 3.03% to HK$0.68 as of the time of writing, with a transaction amount of HK$1.5886 million.
On the news front, SA SA INT'L announced its interim results for the six months ending September 30, 2024. Revenue decreased by 10.4% to approximately HK$1.921 billion, gross profit decreased by 14.1% to HK$756.5 million, and net profit decreased by 68.36% to approximately HK$32.408 million. Earnings per share were 1 HK cent, with an interim dividend of 0.75 HK cent per share, compared to no dividend in the same period last year.
Additionally, SA SA INT'L announced that total revenue for the third quarter from October 1 to November 10, 2024, decreased by 7.0% to HK$461.4 million compared to the same period last year. Sales in Hong Kong and Macau decreased slightly by 6.4%, showing a noticeable improvement compared to the declines of 20.4% and 16.4% in the first and second quarters, respectively.