Core Viewpoint - Sasa International (00178) reported a year-on-year increase in overall revenue of 8.4% for the second quarter from July 1 to September 30, 2025, reaching HKD 1.031 billion, indicating stable business growth [1] Group 1: Overall Performance - The group's total revenue for the period was HKD 1.031 billion, reflecting an 8.4% year-on-year increase [1] - The business is described as stable with positive growth trends [1] Group 2: Offline Sales - Offline sales amounted to HKD 826 million, representing a 9.4% year-on-year increase and accounting for 80.2% of total revenue [1] - The offline sales are derived from operations in Hong Kong, Macau, and Southeast Asia (Malaysia and Singapore) [1] - As of September 30, 2025, the company operated 157 offline stores, an increase of two stores compared to the same period last year [1] Group 3: Online Sales - Online sales reached HKD 205 million, showing a year-on-year increase of 4.9% and making up 19.8% of total revenue [1] - Online sales are sourced from mainland China, Hong Kong, Macau, Southeast Asia, and other regions through the company's own online stores and third-party platforms, maintaining steady growth [1]

Group 1 - The report evaluates the development trends and investment environment of the agricultural tourism integration industry globally and in China from 2025 to 2031 [1] - The agricultural tourism integration market is categorized into different product types and applications, with growth trends analyzed for 2019, 2025, and 2031 [3][4] - The report includes a comprehensive analysis of the current state of the agricultural tourism integration industry, highlighting its overall development characteristics and influencing factors [4][6] Group 2 - Global supply and demand conditions for agricultural tourism integration are forecasted from 2019 to 2031, including capacity, production, and utilization rates [4][5] - The report provides detailed insights into the revenue and sales volume of agricultural tourism integration in both global and Chinese markets from 2019 to 2031 [4][5] - The market share and revenue distribution among major regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, are analyzed [4][5][6] Group 3 - The competitive landscape of the agricultural tourism integration industry is assessed, focusing on market share and revenue of leading manufacturers [5][6] - The report identifies the barriers to entry in the agricultural tourism integration industry and analyzes the concentration and competition levels among key players [5][6] - A SWOT analysis of Chinese agricultural tourism integration enterprises is included, along with an overview of the policy environment affecting the industry [6][7] Group 4 - The report discusses the supply chain dynamics of the agricultural tourism integration industry, including procurement, production, and sales models [6][7] - It provides a detailed overview of major agricultural tourism integration manufacturers, including their production bases, sales regions, and market positions [7][8] - The report concludes with an analysis of the future trends in agricultural tourism integration in China, including production, sales, and trade dynamics [8][9]