Yatsen revenues down 38.3% in Q1

Chinese beauty company Yatsen’s net revenues fell 38.3% year-over-year to Rmb891m ($140.5m) in the first quarter of 2022.

Gross profit for the period dropped 38% to Rmb614.5m ($96.9m) compared to gross profit of Rmb991.6m ($148.5m) in the same quarter last...

Read the full article now!
Subscribe