So-Young International (SY) reported second quarter net income attributable to So-Young of RMB 18.9 million, compared with a net loss of RMB 2.6 million in the second quarter of 2023. Earnings per ADS was RMB 0.18, compared to a loss per ADS of RMB 0.02. Non-GAAP net income attributable to So-Young was RMB 22.2 million, compared with RMB 15.5 million, last year.
Total revenues were RMB 407.4 million, a decrease of 1.1% from RMB 412.1 million in the same period of 2023. The company said the decrease was primarily due to a decrease in the number of medical service providers subscribing to information services on So-Young's platform. Average mobile MAUs were 1.5 million, compared with 3.0 million in the second quarter of 2023.
For the third quarter of 2024, So-Young expects total revenues to be between RMB 350.0 million and RMB 370.0 million, representing a 9.2% to 4.0% decrease from the same period in 2023.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.