Welcome to our dedicated page for Yatsen Hldg news (Ticker: YSG), a resource for investors and traders seeking the latest updates and insights on Yatsen Hldg stock.
Yatsen Holding Limited (NYSE: YSG) is a pioneering force in China's beauty industry, renowned for its digital-first approach and brands like Perfect Diary. This page serves as the definitive source for official company announcements, financial disclosures, and strategic developments.
Investors and industry professionals will find curated updates including product launches, earnings reports, partnership announcements, and operational insights. Our aggregation ensures you stay informed about YSG's innovations in color cosmetics, skincare, and its direct-to-consumer digital strategy.
Content is organized for quick scanning across key business areas: financial performance, brand expansions, market research, and leadership updates. Bookmark this page for real-time access to Yatsen's evolving story in the competitive beauty sector.
Yatsen Holding (NYSE: YSG) reported a 1.0% YoY increase in net revenues to RMB773.4 million (US$107.1 million) in Q1 2024. However, the company experienced a net loss of RMB124.9 million (US$17.3 million), contrasting with a net income of RMB50.7 million in the prior year. Gross margin improved to 77.7% from 74.3%. Operating expenses rose significantly by 31.7%, impacting the overall profitability. The company aims to strengthen its product portfolio and market position moving into Q2 2024.
Yatsen Holding (NYSE: YSG), a leading beauty group in China, will release its unaudited financial results for Q1 2024 on May 22, 2024, before the U.S. markets open.
A management conference call will be held the same day at 7:30 A.M. U.S. Eastern Time (7:30 P.M. Beijing/Hong Kong Time) to discuss the results.
Listeners can join via provided toll-free and international numbers. A webcast will be available on the company's investor relations website. Replay access will be available until May 29, 2024.
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