Sa Sa International reported unaudited revenue of HKD 1.233 billion for the quarter ended March 31, 2026, up 30.9% year on year. The company’s offline business generated HKD 1.068 billion, rising 33%, while online sales reached HKD 166 million, up 18.9%.
Hong Kong and Macau Lead the Recovery
Online, mainland China remained Sa Sa’s largest market, accounting for 42.2% of e-commerce sales, followed by Hong Kong and Macau at 36.2%. The company attributed the quarter to a rebound in its core Hong Kong and Macau markets, the return of tourist spending, and continued focus on trending beauty products and authentic goods.
For Dewsia readers, the significance is retail-side momentum rather than a one-off spike. The results suggest travel-linked beauty spending remains a meaningful growth driver in Hong Kong and Macau, while online sales continue to give Sa Sa exposure to mainland demand. That final sentence is an inference based on the company’s regional revenue mix.
