About us
LUXEPLACE

China Watch Financial Summary

SYoung Group, Parent Company of Unifon, Reports Revenue Growth in H1; Aims to Elevate EDB as Global Luxury Brand

Aug 03, 2023

After the close of trading on July 27th, SYoung Group (SZ: 300740), the parent company of Unifon, released its 2023 interim report. According to the report, the company’s revenue for the first half of the year increased by 4% year-on-year to 2.29 billion yuan, and its net profit attributable to shareholders rose by 72% year-on-year to 142 million yuan. SYoung Group experienced revenue growth recovery and a significant increase in net profit. In 2022, the company’s revenue had declined by 5.74% year-on-year to 4.72 billion yuan, and the net profit attributable to shareholde …

Brand: 
Tags:   

Read More

S’Young’s 2022 Revenue: 4.7B Yuan, Evidens de Beaute Skincare Generates 100M Yuan in 5 Months
China Watch Financial Summary

S’Young’s 2022 Revenue: 4.7B Yuan, Evidens de Beaute Skincare Generates 100M Yuan in 5 Months

The Japanese and French luxury skincare brand EDB, which was acquired by S’Young, generated nearly 100 million yuan in revenue over five months since the acquisition.

May 05, 2023
Jiangnanbuyi Turns Loss into Profit in the Past Fiscal Year, Social Retail Channel GMV Soars by 70.4%
China Watch Financial Summary

Jiangnanbuyi Turns Loss into Profit in the Past Fiscal Year, Social Retail Channel GMV Soars by 70.4%

Jiangnanbuyi Group’s members who spend over 5000 RMB annually contribute to over 60% of offline retail sales.

Sep 12, 2023
Karl Lagerfeld China Turns Loss into Profit, as Sept Wolves’ Sales Increase 6% YoY in the First Half of the Year
China Watch Financial Summary

Karl Lagerfeld China Turns Loss into Profit, as Sept Wolves’ Sales Increase 6% YoY in the First Half of the Year

In the first half of the year, Karl Lagerfeld China saw a growth of 36.7% in revenue, reaching 170 million yuan. The net profit turned from a loss to a gain, reaching 15 million yuan.

Aug 29, 2023