Chinese health brand Yeecare released its annual financial report for 2018. It says the company earned 187 million yuan in 2018, down by 12.75% from a year ago with a gross profit of 60.7%, up by 54% from a year ago.
The net profit hit 13.8 million yuan, down by 14.94% from a year ago.
The company upgraded its marketing strategy, and made better use of its membership system, sully chain and other resources.
The company’s nutrition supplement products contributed 101 million yuan , accounting for 53.75% of the total revenue. (Source:eastmoney)