Among them, the skin care business achieved revenue of 325 million yuan, and the proportion of total revenue increased to 40.9%, maintaining a level above 30% of total revenue for 9 consecutive quarters, and the revenue structure showed an optimization trend.
In this quarter, the company's net loss decreased indonesia phone number sample by 21.2% year-on-year to 85.5 million yuan, and the net loss rate narrowed from 12.6% in the same period last year to 10.8%.
In terms of IP, Pop Mart achieved revenue of over 100 million yuan for 7 IPs in the first half of the year, including SKULLPANDA, MOLLY, DIMOO, THE MONSTERS, Hirono Ono, Xiao Tiandou, PINOJELLY, HACIPUPU, PUCKY, and Zsiga.
During the reporting period, Yatsen E-commerce continued to increase its R&D investment. The financial report shows that the R&D expenses in the second quarter of 2024 reached 29.68 million, and the proportion of R&D expenses increased to 3.7%. During this period, Yatsen Shanghai Global Innovation R&D Center was successfully completed and successfully operated, which will empower the product and brand strength of the group's brands in the long term.
It is reported that in the first six months of fiscal year 2024, Perfect Diary's cumulative revenue was 1.568 billion yuan, a year-on-year decrease of 3.45%; the cumulative net loss was 210 million yuan, a year-on-year increase of 264.00%.
In the previous 2024 first half performance forecast, Pop Mart's board of directors stated that the main reasons for the growth include:
(1) The global recognition of Pop Mart’s brand and IP has further increased, and diversified product categories have promoted revenue growth, with revenue in Hong Kong, Macau, Taiwan and overseas growing rapidly;
(2) We continued to optimize product costs, strengthen expense control, and improve profitability. The economies of scale led to a significant increase in profits.