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<Results>SA SA INT'L Interim NP Falls 68.4% to $32.41M; Interim DPS $0.75 Cents
Recommend 5 Positive 7 Negative 7 |
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SA SA INT'L (00178.HK) announced its interim results for the period ended September, with revenue falling 10.4% YoY to $1.921 billion. Net profit amounted to $32.408 million, down 68.4% YoY, with an EPS of $1 cent. The drop in revenue was mainly due to the sluggish macro environment, continued outbound travel impacting the Group's core markets, Hong Kong and Macau, and dampened consumption by Mainland Chinese tourists entering Hong Kong and Macau, the Company said. The Company declared an interim DPS of $0.75 cents, compared to nil dividend in the same period of 2023, representing approx. 72% of the profit for the period. The Group will seek to maintain a steady dividend policy going forward. AAStocks Financial News |
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