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Sa Sa Int'l: HK, Macau retail sales up 14.6% in Jan-Feb
13 Mar 2018
(Infocast News) Sa Sa International (00178) announced that for the two months ended 28 February 2018, the group's retail sales in Hong Kong and Macau increased by 14.6% on a year-on-year basis while same-store sales increased by 11.1%. The total number of transactions and the average sales per transaction increased by 9.0% and 5.2% respectively.

The overall performance was in line with the group's expectations. The sales growth was mainly driven by higher store traffic and consumers consumption. The number of transactions with local and mainland tourist increased by 6.3% and 12.5% respectively while the average sales per transaction also increased by 4.6% and 3.6% respectively.

Benefitting from the retail market recovery, the group stays cautiously optimistic about the outlook of Hong Kong and Macau markets and will continue to optimise product offerings and enhance customers' shopping experience to cater for consumer demand in the fast changing markets.

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