Hong Kong Retailer Sa Sa’s Profit Climbs On Mainland Tourist Spending

November 18, 2011 | BUSINESS

Helped by spending by mainland tourists in Hong Kong, cosmetics retailer Sa Sa International said Thursday sales in the six months ending Sept. 30 climbed by 33% from a year earlier??to HK$2.8 billion, or $360 million. The increase has helped to fuel a 15% rise in the Hong Kong-based company’s stock price in the past …
(read on…)

Tags: , , , , , , , ,