Yatsen Holding ( (YSG) ) just unveiled an update.
Yatsen Holding Limited announced its financial results for the fourth quarter and full year of 2024, revealing a 7.1% increase in total net revenues for the fourth quarter, driven by a recovery in its Perfect Diary brand and growth in skincare brands. Despite a slight annual revenue decline, the company improved its gross margin and reduced its net loss, demonstrating effective strategic initiatives in product development and cost optimization. The results indicate Yatsen’s resilience in the challenging beauty market and its commitment to strategic transformation for sustainable growth.
More about Yatsen Holding
Yatsen Holding Limited is a leading beauty group based in China, primarily engaged in the development and sale of skincare and color cosmetics products. The company is known for its brands such as Perfect Diary, Little Ondine, and Pink Bear, focusing on both domestic and international markets.
YTD Price Performance: 7.81%
Average Trading Volume: 153,059
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $408M
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