tiprankstipranks
So-Young Announces Strong 2023 Results and Share Buyback
Company Announcements

So-Young Announces Strong 2023 Results and Share Buyback

So-Young International (SY) has released an update.

Don't Miss our Black Friday Offers:

So-Young International Inc. reported a robust fiscal year 2023 with 19.1% revenue growth and a turnaround from a net loss to a profit of RMB 21.3 million. The fourth quarter saw revenues up 20.1%, but a decrease in net income compared to the same period last year. In response to their solid financial performance, the company has announced a US$25 million share repurchase program and a special cash dividend, signaling confidence in continued growth.

For further insights into SY stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskSo-Young International Reports Resilient Q3 2024 Results
TipRanks Auto-Generated NewsdeskSo-Young’s Q3 Profit Rises Amid Revenue Challenges
TheFlySo-Young reports Q3 EPS RMB 0.20 vs. RMB 0.18 last year
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App