So-Young International Inc. (SY) Tuesday announced a wider net loss for the first quarter, despite an increase in revenues compared to the prior year.
The quarterly loss was RMB 21.24 million or $2.94 million compared to RMB 11.95 million last year. On an adjusted basis, earnings were RMB 4.1 million $0.6 million.
Revenue for the quarter increased to RMB 318.28 million or $44.08 million, from RMB310.10 million a year ago. Information services and other revenues were RMB 208.7 million or $28.9 million, down 0.7% from RMB 210.3 million last year.
Looking ahead to the second quarter, the company expects total revenues to be between RM B380.0 million or $52.6 million and RMB 400.0 million $55.4 million, representing a 7.8 to 2.9% decrease from the same period in 2023.
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.