YesAsia Holdings
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YesAsia Holdings (2209) investor relations material

YesAsia Holdings H1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2026 earnings summary28 Aug, 2026

Executive summary

  • Revenue grew 23.2% YoY to $301.51M, driven by strong B2C growth and beauty product sales, with net profit up 30.0% YoY to $18.30M and net margin improving to 6.1%.

  • B2C segment contributed $215.07M (+30.5% YoY), led by Latin America, while B2B segment reached $82.75M (+6.2% YoY).

  • Offline expansion included a flagship US store in California and experiential events in Madrid and Seoul, boosting brand presence and engagement.

  • Influencer-driven marketing generated $85.7M in revenue, up 92% YoY.

Financial highlights

  • Gross profit rose 28.2% YoY to $93.98M, with gross margin improving by 120 bps to 31.2%.

  • Operating profit increased 30.1% to $24.3M.

  • Basic EPS grew 28.0% YoY to 4.39 US cents; diluted EPS up 28.6% YoY to 4.32 US cents.

  • Revenue from Europe and Latin America surged, with Latin America up 178.4% YoY.

  • Cash and cash equivalents at period end were $13.7M; net cash generated from operations was $4.0M.

Outlook and guidance

  • US market expected to remain key despite tariff shocks; Europe and Latin America identified as new growth engines.

  • K-beauty expected to remain a global growth driver, with the beauty market projected to reach $590B by 2030.

  • Plans for further offline expansion and immersive marketing events globally.

  • Focus on supply chain agility and leveraging AI for customer service scalability.

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Frequently asked questions

YesAsia Holdings Limited is a Hong Kong-based e-commerce company specializing in the online retail of Asian entertainment and lifestyle products. The company operates through its platforms YesAsia and YesStyle, offering a wide range of products, including K-pop and J-pop merchandise, fashion, beauty products, books, and collectibles. It serves global customers by providing access to Asian media, cosmetics, and apparel brands. The company is headquartered in Hong Kong, and its shares are listed on the HKEX.