Yatsen Holding (YSG) Misses Q4 EPS by 2c; Offers Q1 2022 Revenue Guidance
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Yatsen Announces Fourth Quarter and Full Year 2021 Financial Results
March 10, 2022 5:00 AM ESTGUANGZHOU, China, March 10, 2022 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading Chinese beauty company, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021.
Fourth Quarter and Full Year 2021 Highlights
Total net revenues for the fourth quarter of 2021 decreased by 22.1% to RMB1.53 billion (US$239.8 million) from RMB1.96 billion in the prior year period. Total net revenues for the full year of 2021 increased by 11.6% to RMB5.84 billion (US$916.4 million) from RMB5.23 billion... More