Yatsen Reports Fourth Quarter and Full Year 2020 Financial Results
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Yatsen Holding (YSG) Reports Q4 Loss of $0.11 on Revenues of $300.6M
March 11, 2021 5:52 AM ESTYatsen Holding (NYSE: YSG) reported Q4 EPS of ($0.11), versus $0.16 reported last year. Revenue for the quarter came in at $300.6 million.
Fourth Quarter 2020 Highlights
Total net revenues for the fourth quarter of 2020 increased 71.7% to RMB1.96 billion (US$300.6 million) from RMB1.14 billion for the fourth quarter of 2019.Gross margin for the fourth quarter of 2020 was 66.3% compared to 62.7% for the fourth quarter of 2019.Gross sales[1] for the fourth quarter of 2020 increased 73.3% to RMB2.27 billion (US$348.2 million) from RMB1.31 billion for the fourth quarter of 2019.The number of Direct-to-Consumer ("DTC") customers[2] for the fourth... More