At a glance
- Company
- YesAsia Holdings Limited
- Ticker
- 02209.HK
- Announcement
- Earnings
- Location
- Hong Kong SAR
Key figures
- Expected 2025 revenue
- approximately US$500.0 million
- Expected revenue growth
- 44.1%
- 2024 revenue
- US$347.1 million
- Expected minimum 2025 net profit
- not less than US$22.0 million
- Expected net profit growth
- approximately 15.8%
- Expected net profit increase
- approximately US$3.0 million
Products and programs
As disclosed, the Group expects to record unaudited consolidated revenue of approximately US$500.0 million for the Reporting Year, an increase of 44.1% (or approximately US$152.9 million) compared to revenue of US$347.1 million[1] for the year ended 31 December 2024 (the "Prior Year"). The growth was mainly driven by the continuous market diversification efforts for the B2C platform, YesStyle, and an increase in the number of new customers of the B2B platform, AsianBeautyWholesale (ABW), for both online and offline channels.
The Group made several strategic investments to match its commercial growth and strengthen its foundation for future success, including increasing its efforts in marketing, as well as commencing operations at two new logistics facilities, the Mapletree Warehouse in Hong Kong and a warehouse in South Korea, among others. Consequently, the Group expects to report an unaudited consolidated net profit of not less than US$22.0 million for the Reporting Year, representing an increase of approximately 15.8% (or approximately US$3.0 million) over the Prior Year's net profit.
Further details of the Annual Results will be disclosed in accordance with the requirements of the Listing Rules by the end of March 2026, which shall prevail over the information contained herein. For more information, please refer to the full announcement: https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0127/2026012701175.pdf
[1] Restated to conform to the Reporting Year's presentation.
Hashtag: #YesAsiaHoldings
The issuer is solely responsible for the content of this announcement.
About YesAsia Holdings Limited (02209.HK)
Established in 1997, YesAsia Holdings is a leading e-commerce platform operator recognized for its expertise in identifying and procuring quality Asian beauty, fashion, lifestyle and entertainment products. Headquartered in Hong Kong, the Group deliver products promptly and efficiently to a global audience through its strong ties with over 400 leading Asian beauty brand and supplier partners. The Group operates three major e-commerce platforms: YesStyle, an e-commerce B2C platform for serving the increasingly popular Asian beauty, fashion and lifestyle products, particularly Korean beauty products; AsianBeautyWholesale, a B2B platform for Asian beauty products; and YesAsia, an e-commerce retail platform for entertainment products. YesAsia Holdings is a constituent of the MSCI Hong Kong Micro Cap Index.
For more information, please visit the Group's official website: https://www.yesasiaholdings.com/
Questions around this news
What does the release identify as the drivers of the expected growth?
The release attributes revenue growth mainly to continued market diversification efforts for its B2C platform and more new customers for its B2B platform across online and offline channels. It also describes increased marketing efforts and the start of operations at new logistics facilities in Hong Kong and South Korea as strategic investments made alongside commercial growth.
When will the company publish its annual results?
The release says further details of the annual results are to be disclosed by the end of March 2026, in accordance with the Listing Rules. It also cautions that those results will take precedence over the information in the profit alert, which reports unaudited expectations rather than final annual figures.
What is a positive profit alert?
A positive profit alert is a preliminary announcement that a company expects its financial performance for a reporting period to improve, or its profit to increase, compared with a prior period. It is typically based on information available before the final results are published, so the figures may still be unaudited and subject to confirmation.
What is the difference between B2B and B2C e-commerce?
B2B e-commerce involves online transactions between businesses, such as a wholesaler selling products to retailers. B2C e-commerce involves a business selling directly to individual consumers. A company may operate both kinds of platform, serving business buyers through one channel and retail customers through another.
