Final Dividend Increases by 33.3% to HK10 Cents per Share

Dual Engines, Global Reach: B2C-B2B Synergy Drives Market Expansion

Results Highlights

• Revenue hit a new high of US$501.54 million, representing a strong YoY growth of 45.0%
• Gross profit rose by 40.9% to US$148.50 million; operating profit increased by 28.2% to US$31.90 million
• Net profit grew by 21.5% to US$23.14 million
• The Board has proposed a final dividend of HK10 cents per share, up 33.3% year-on-year
• Business-to-consumer (B2C) platform YesStyle recorded revenue of US$347.48 million, up 30.8%, accounting for 69.3% of the Group's total revenue
• Revenue of business-to-business (B2B) platform AsianBeautyWholesale (ABW) surged by 91.7% to US$148.89 million, accounting for 29.7% of the Group's total revenue
• Non-core markets (excluding the US, UK, Canada, Australia) accounted for over 60% of the Group's total revenue for the first time, with Latin America and the Middle East achieving remarkable growth
• The Group strengthened its global logistics network to improve economies of scale, opened a second AMR warehouse in Hong Kong and a new warehouse in South Korea, reducing freight costs as a percentage of revenue to 18.7%