Syoung Group released its 2026 half-year report, showing first-half net profit attributable to the parent fell 29.4% year-on-year to 87.1 million yuan. Operating revenue was 2.51 billion yuan, up 0.4% year-on-year; net profit attributable to the parent after deducting non-recurring items was 83.27 million yuan, down 30.9% year-on-year; net operating cash flow was 206 million yuan, up 24.0% year-on-year; earnings per share were 0.198 yuan. In the second quarter, operating revenue was 1.31 billion yuan, down 7.2% year-on-year; net profit attributable to the parent was 52.39 million yuan, down 35.6% year-on-year. As of the end of the second quarter, total assets were 4.498 billion yuan, up 1.1% from the end of the previous year; net assets attributable to the parent were 2.332 billion yuan, up 4.5% from the end of the previous year. The company said its main operating businesses did not undergo major changes during the reporting period, as it continued to focus on the research, production and sales of cosmetics, optimized its brand structure, scaled back its own mass-market brands, and adjusted its CP brand matrix to advance its premiumization and globalization strategy.
SYoung Group Co LtdFirst-half net profit attributable to parent fell 29.4% YoY to 87.1 million yuan, with Q2 profit down 35.6% YoY.
