"Profit Alert" YSB forecasts mid-term profits of no less than 70 million RMB, an increase of more than two times

YSB (09885.HK) issued a profit warning, expecting a profit of no less than 70 million RMB for the six months ending in June, compared to 21.8 million RMB in the same period last year, an increase of more than 2 times. This is mainly due to the continued robust growth in revenue; the downstream demand for its own brand products remains strong, and the scale of this high-margin business continues to grow, continuously improving the company's gross margin level; and the continuous enhancement of digital capabilities has driven improvements in the operational efficiency of core platforms and self-operated businesses