Sa Sa's FY24 result is behind market expectations, but the resumption of dividends at a 70% payout ratio is encouraging. Despite a drop in 1Q25 overall sales, mainland China sales have surged 83.9%.
What is covered in the Full Insight:
FY24 Result Overview
Profit and Margin Analysis
Sales Performance by Region
Dividend Policy and Cash Accumulation
Future Outlook and Macro Environment
SUMMARY
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