Jun 30, 2022 / NTS GMT
Presentation
Jun 30, 2022 / NTS GMT
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Corporate Participants
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* Danny Ho
* Guy Look
Sa Sa International Holdings Limited - CFO & Executive Director
* Siu Ming Kwok
Sa Sa International Holdings Limited - Executive Chairman & CEO
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Siu Ming Kwok - Sa Sa International Holdings Limited - Executive Chairman & CEO
Ladies and gentlemen, welcome to Sa Sa's investors presentation for the year ended 31st March 2022. For the year ended 31st March 2022, the group's turnover increased by 12% to HKD 3.41 billion and recorded a loss of HKD 340 million. The loss would have narrowed by 42% if nonrecurring items, such as store impairments, government subsidies and rental concessions are excluded. This is attributable to our loss reduction at the group's operations in the core markets of the Hong Kong and Macau SARs.
In the Hong Kong SAR, we continue to rationalize our retail network as well as adopting diverse measures to attract local customers and boost sales. We
Full Year 2022 Sa Sa International Holdings Ltd Earnings Presentation Transcript
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