Citi slightly raised the target price for SA SA INT'L to HKD 1.02 and reiterated the "Buy" rating, as the interim results exceeded expectations

Citibank raised the target price of SA SA INT'L slightly to HKD 1.02 and reiterated a "Buy" rating. The company's performance in the first half of the fiscal year 2026 exceeded expectations, with a net profit of HKD 50 million, mainly due to the rebound in tourist numbers and optimized market strategies. Despite the uncertain macro environment, the company's strategies to increase sales and gross profit are proving effective. Citibank raised its net profit forecast for the fiscal years 2026 to 2028 by 11% to 15%, reflecting improved sales prospects

"Pre-Market Outlook": Hawkish adjustments do not undermine mainstream rate cut expectations, steady recovery in gambling revenue allows for medium-term deployment of gambling stocks

The Hang Seng Index rebounded by 251 points yesterday, closing at 26,209 points for the half-day. Guo Jiayao stated that the chances of a rate cut next month remain high, and the market is paying attention to the pace of rate cuts next year. Macau's gaming revenue reached MOP 24.09 billion in October, a year-on-year increase of 15.9%, and it is expected that gaming revenue will continue to grow, benefiting non-gaming income. SA SA INT'L expects a mid-term profit growth of 50% to 56%

"Profit Warnings and Profit Alerts" lists the stocks that have issued profit warnings and profit alerts in the past month

The Economic Information Agency has released a list of companies that issued profit warnings and profit alerts in the past month. In terms of profit warnings, companies such as A & S GROUP, COMPUTIME, and KPA-BM HLDGS are included. On the profit alert side, companies like SA SA INT'L, Anling International, and LINGBAO GOLD have issued profit alert announcements

SA SA INT'L issues profit warning, expects mid-term net profit to increase by 50%-56% year-on-year

SA SA INT'L expects that the profit attributable to the company's owners will reach HKD 48.5 million to HKD 50.5 million for the six months ending September 30, 2025, representing a year-on-year increase of 50%-56%. The profit growth is mainly attributed to the increase in the number of travelers from Hong Kong and Macau, effective marketing strategies, and the shift to online business to enhance profitability

SA SA INT'L: Preliminary data for net profit in the first half of the year is HKD 48.5 million to HKD 50.5 million