Vi e w p o i n t | 25 Jun 2026 10:27:48 ET │ 14 pages Sa Sa (0178.HK) FY26 Earnings Recovery; Strong Momentum in 1QFY27E CITI'S TAKE Sa Sa reported FY26 results with topline/core NP up 14%/55% to HK$4.38bn/HK$203m excluding offline business in Mainland China, in line with its positive profit alert. A final dividend of HK$3.4 cents is well expected on a 70% payout ratio policy while special dividend of HK$1.9 cents (29% of core NP) is a positive surprise. FY26 marks a year of recovery with accelerating YoY g ...