HK Stock Market Move | SA SA INT'L(00178) rose nearly 4% in morning trading, with second-quarter sales up 37% year-on-year; Jefferies says it beat expectations.

SA SA INT'L(00178) rose nearly 4% in morning trading. As of press time, it was up 2.31% at HK$1.33, with a turnover of HK$5.1378 million. On the news front, SA SA INT'L announced that its overall turnover for the second quarter of FY2027 (the quarter ended September) was HK$1.4138 billion, up 37.2% year-on-year. The group's total offline sales were HK$1.2196 billion, up 47.6% year-on-year. During the National Day Golden Week from October 1 to 7, offline sales in Hong Kong and Macau grew more than 60% year-on-year, while same-store sales grew more than 50%. Jefferies said the company's second-quarter sales performance beat expectations, with Hong Kong and Macau offline sales coming in 17% above the bank's forecast; first-half FY2027 sales have already accounted for 51% of the bank's full-year sales forecast. The company previously announced that it expects first-half net profit to exceed HK$150 million, and sales momentum has not slowed from October to date, with current trading performance still supporting the bank's forecasts for FY2027 sales and net profit.