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'Perfect' look for Asian market


Perfect look for Asian market
By CHENG YU |
China Daily |
Updated: 2021-06-28 08:59
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A woman passes a billboard advertising Perfect Diary s Small Stiletto Heel lipstick in Beijing on May 4. [Photo/CHINA DAILY]
Cosmetics firm rides home success to build overseas presence for sustainable growth
Perfect Diary, a young Chinese brand that emerged from nowhere to become a cosmetics giant, is putting on another makeup on the Southeast Asian market, as domestic beauty companies look for global presence with their rising prowess in the domestic market.
Going global is no doubt one of our important strategies for the future. The overseas market is considered another fresh driver of the company s long-term sustainable growth, said Maria Wang, head of the overseas market at Perfect Diary. ....

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Yatsen Reports First Quarter 2021 Financial Results


Yatsen Reports First Quarter 2021 Financial Results
Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on May 19, 2021
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GUANGZHOU, China, May 19, 2021 /PRNewswire/ Yatsen Holding Limited ( Yatsen or the Company ) (NYSE: YSG), a leader in the rapidly evolving China beauty market, today announced its unaudited financial results for the first quarter ended March 31, 2021.
First Quarter 2021 Highlights
Total net revenues for the first quarter of 2021 increased 42.7% to RMB1.44 billion (US$220.5 million) from RMB1.01 billion for the first quarter of 2020.
Gross margin for the first quarter of 2021 was 68.6% compared to 61.7% for the first quarter of 2020. ....

United States , Hong Kong , Emilie Wu , Jinfeng Huang , Brandi Piacente , Donghao Yang , Exchange Rate , Yatsen Holding Limited , Piacente Group Inc , Development Expenses , Exchange Commission , Yatsen Holding , Prnewswire Yatsen Holding Limited , Holding Limited , Chief Executive Officer , Perfect Diary , Little Ondine , Pink Bear , Eve Lom , Chief Financial Officer , Gross Margin , Ordinary Shareholders , Federal Reserve , Eastern Time , Beijing Time , Securities Litigation Reform Act ,

Yatsen : Reports First Quarter 2021 Financial Results (Form 6-K)


Yatsen Reports First Quarter 2021 Financial Results
Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on May 19, 2021
GUANGZHOU, China, May 19, 2021 - Yatsen Holding Limited ( Yatsen or the Company ) (NYSE: YSG), a leader in the rapidly evolving China beauty market, today announced its unaudited financial results for the first quarter ended March 31, 2021.
First Quarter 2021 Highlights

Total net revenues for the first quarter of 2021 increased 42.7% to RMB1.44 billion (US$220.5 million) from RMB1.01 billion for the first quarter of 2020.

Gross margin for the first quarter of 2021 was 68.6% compared to 61.7% for the first quarter of 2020.

Gross sales
1 for the first quarter of 2021 increased 47.0% to RMB1.69 billion (US$257.3 million) from RMB1.15 billion for the first quarter of 2020. ....

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