Yatsen Holding (YSG) Tops Q2 EPS by RMB 0.08
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Yatsen Reports Second Quarter 2021 Financial Results
August 26, 2021 5:00 AM EDTGUANGZHOU, China, Aug. 26, 2021 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading Chinese beauty company, today announced its unaudited financial results for the second quarter ended June 30, 2021.
Second Quarter 2021 Highlights
Total net revenues for the second quarter of 2021 increased by 53.5% to RMB1.53 billion (US$236.2 million) from RMB993.2 million in the prior year period. Gross margin for the second quarter of 2021 was 65.7% compared to 61.1% in the prior year period. Gross sales[1] for the second quarter of 2021 increased by... More