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gtja: In Q3, the retail sales of cosmetics decreased month-on-month during the off-season. The Hong Kong stock beauty companies' positions increased month-on-month.
In the third quarter, the cosmetic industry has a relatively dispersed structure, with significant differences in the operating pace of each company against the backdrop of overall weak demand in the industry.
syoung group (300740): Performance under pressure due to Q3 brand adjustment, focus on subsequent high-end development progress.
3Q24 performance below our expectations. The company announced the 1-3Q24 performance: revenue of 3.045 billion yuan, -9.8% year-on-year; net income attributable to the parent company of 0.094 billion yuan, -47.6% year-on-year; non-GAAP net income of 0.108 billion yuan.
Shuiyang Shares: Report for the third quarter of 2024
syoung group (300740.SZ): net income of 94.3563 million yuan in the first three quarters, a year-on-year decrease of 47.60%.
On October 29, Geelonghui reported that Syoung Group (300740.SZ) released its third quarter report for 2024, achieving revenue of 3.045 billion yuan in the first three quarters, a 9.84% year-on-year decrease; the net income attributable to shareholders of the listed company was 94.3563 million yuan, a 47.60% year-on-year decrease; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.108 billion yuan, a 44.82% year-on-year decrease; with basic earnings per share of 0.2425 yuan.
syoung group (300740.SZ): has not extended into the pharmaceutical sector
Gelonghui on October 22nd reported that syoung group (300740.SZ) stated on the investor interaction platform that the company currently only registers cosmetic ingredients and has not extended to the pharmaceutical field.
syoung group (300740.SZ): The number of Day SPA collaborations has now reached 75.
On October 22, Gelonhui reported that syoung group (300740.SZ) stated on the investor interaction platform that EDB inherits the art of French skincare, with 17 years of low-key luxury chain care, integrating French and oriental SPA essence, achieving a unique luxury healing experience. EDB SAHO SPA experiences are available in beijing, shanghai, jiangsu, zhejiang, guangdong and other regions. Domestically, it has not only developed in-depth cooperation with top-tier hotels such as Sanya Langham and Shenzhen Ritz-Carlton, but also has reached 75 Day SPA cooperation partners.
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