FAST NEWS: Goodwill impairment drags down Yatsen’s quarterly profit
The Latest: Yatsen Holding Ltd. (YSG.US) on Wednesday reported its revenue grew 6.7% year-on-year to 1.07 billion yuan ($149 million) in the fourth quarter. But its quarterly loss also expanded…
Chicmax finds timeless profit formula in anti-aging skincare
Calculations using new company data show its revenue rose 77% in the second half of last year, while its profit quadrupled Key Takeaways: Chicmax said it expects to report its…
Makeover complete? Yatsen says the worst may be behind it
The cosmetics and skincare company said it will boost its share repurchase plan, seeking to prop up its shares after it reported its revenue fell in the third quarter Key…
Meitu finds beauty in growing profits
The newly profitable beauty services provider earned an adjusted profit of between 140 million yuan and 155 million yuan in the first half of the year Key Takeaways: Meitu expects…
Yatsen sees more color, profits ahead with end of China Covid controls
The makeup company’s color cosmetics business took a big hit in last year’s fourth quarter as consumer sentiment sagged during some of China’s strictest Covid controls Key Takeaways: Yatsen’s color…