Yonghe Medical’s share repurchase gets results, but can’t hide a receding profit line
A big run-up in wages and marketing costs related to its aggressive expansion pulled the hair restoration company into the red in the first half of this year Key Takeaways:…
Rebounding Perfect Medical finds beauty safe haven in Hong Kong
The medical beauty center operator’s net profit rebounded post-pandemic, as its focus on Hong Kong helped to mitigate harsher supervision for its smaller Mainland operations Key Takeaways: Perfect Medical’s latest…
Yonghe suffers Covid fallout, but eyes return to growth with China reopening
The nation’s leading hair transplant provider was forced to close nearly all of its clinics at different times last year due to the country’s strict Covid controls Key Takeaways: Yonghe…
FAST NEWS: So-Young Upsizes Share Repurchase Program
The Latest: Cosmetic surgery app operator So-Young International Inc. (SY.US) said on Tuesday it will upsize its share repurchase program announced late last year from an original $15 million to…
So-Young’s CEO-led Buyout Dissolves After Stock Plunge
The popular cosmetic surgery app operator’s shares have dived amid a crackdown on China’s medical aesthetics industry, an economic slowdown and strict Covid-control policies Key Takeaways: So-Young said a group…
FAST NEWS: So-Young Feels Pain from Pandemic Disruptions
The latest: Cosmetic surgery app operator So-Young International Inc. (SY.US) said its revenue fell 16.5% year-on-year in the first quarter to 300 million yuan ($45 million), while its net loss widened to…
FAST NEWS: Cosmetic Surgery Platform So-Young Gets Privatization Offer
The latest: Plastic surgery services platform So-Young International Inc. (SY.US) announced it has received an offer from a group led by its co-founder and Chairman Jin Xing to take the…
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