Yamada: Maintain a "Hold" rating on Sa Sa International Holdings Limited (01910.HK), with third quarter performance generally better than expected.

The Wisdom Financial APP learned that Daiwa released a research report stating that Samsonite (01910.HK) performed better than expected in the third quarter, with revenues falling by 0.6% year-on-year to $873 million, compared to the bank's forecast of $865 million and market expectations of $861 million. The biggest surprise was the improvement in gross profit margin, which increased by 0.3 percentage points to 59.6% year-on-year, significantly better than expected. Net profit for the third quarter was $59 million, slightly higher than the bank's forecast of $57 million, but lower than market expectations of $62 million. The bank maintains a "hold" rating on Samsonite.