Yatsen Holding (YSG) Reports In-Line Q1 EPS, Offers Q2 Revenue Guidance

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Yatsen Announces First Quarter 2022 Financial Results

May 24, 2022 5:00 AM EDT

Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on May 24, 2022

GUANGZHOU, China, May 24, 2022 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading Chinese beauty company, today announced its unaudited financial results for the first quarter ended March 31, 2022.

First Quarter 2022 Highlights

Total net revenues for the first quarter of 2022 decreased by 38.3% to RMB891.0 million (US$140.5 million) from RMB1.44 billion in the prior year period. Total net revenues from Skincare... More