No Data
No Data
Urban Beauty (02298) participated in the formulation of two more group standards
Beauty in the National Underwear City (02298) has once again emerged, engraving the brand's imprint on the new standard wall of the Chinese underwear industry. On April 18, Dongguan City Beauty Headquarters hosted an extraordinary event. The Underwear Professional Committee of the China Textile Commerce Association solemnly held the second working meeting on the “Health Care Bra” and “Wire-free Bra” group standards here. Industry leaders such as Peng Guifu, chairman of the Underwear Professional Committee of the China Textile Association, and Zhang Shengfeng, executive vice chairman and executive director of Urban Beauty, gathered to discuss the future development direction of the industry. Chairman Peng Guifu pointed out that health care bras and no underwire text
Urban Beauty (02298.HK): A 24-year guide to improving operational efficiency and speeding up store opening
The 2023 results are lower than our expectations. The company announced its 2023 results: revenue of 2.76 billion yuan, -8.4% year over year; net profit to mother of 42 million yuan, +28.6% year over year. Of these, 2H23 realized revenue 13
Increased profitability and continuous growth in cash flow. Is Urban Beauty (02298) undervalued by the market?
Urban Beauty has successfully achieved growth in many core financial indicators such as net profit, gross margin, and operating cash flow, which in turn reflects the company's stronger financial flexibility and higher profit quality.
Urban Beauty (2298.HK) turned against the wind, and strategic synergy drove continuous improvement on the profit side
Looking back at 2023, the apparel industry as a whole showed remarkable resilience. However, the performance of listed apparel companies is still mixed. Dozens of companies are now losing money, and more and more are seeking business breakthroughs.” An urban beauty who “turned against the wind” was one of the best observation samples. Since the launch of “Second Entrepreneurship” at the end of 2021, the Urban Beauty Strategy Reform has borne fruit, and the layout has been rolled out rapidly. Financial reports show that in 2023, Urban Beauty achieved “profitable growth”, and its profitability continued to increase, with total revenue of 2.76 billion yuan; net profit to mother was 42.483 million yuan, an increase of 28.6% over the previous year; gross
Urban Beauty: In 2023, the number of new stores opened through franchise and joint venture channels was more than 800, an increase of more than 70% over the previous year
Gelonghui, March 27 | Urban Beauty (2298.HK)'s 2023 financial report shows that the company is concentrating resources to promote channel strategy layout and achieve channel breakthroughs. The county and town campaign, which began in 2023, has achieved phased results in strengthening the layout of the sinking market. The number of stores opened has achieved a significant breakthrough. In 2023, the number of new stores opened through franchise and joint venture channels was more than 800, an increase of more than 70% over the previous year. The omni-channel layout continuously strengthens the integrated development of online and offline areas. In terms of private domain layout, it is based on member operations to improve in-store services. At the same time, applets take on the demand for off-store shopping all time and space; leading in the public domain
In 2023, the number of newly opened stores increased by 71%, and Urban Beauty surpassed 4,300 stores nationwide
Glonghui, March 27 | Urban Beauty released its 2023 annual performance report, showing that in 2023, Dushi Beauty's profit continued to grow, with revenue of 2.76 billion yuan, net profit of 42.483 million yuan, up 29% year on year, and gross margin increased by about 1%; net cash inflow from operating activities rose from about 231 million yuan for the full year of 2022 to about RMB 383 million for the full year of 2023; and inventory costs decreased by 300 million yuan compared to the beginning of the period. Urban Beauty joined or co-operated 826 new stores in 2023, an increase of 71% over the previous year, and the number of stores nationwide exceeded 4,300
No Data