BY-HEALTH’s H1 Net Profit Increases

BY-HEALTH released its Half-Yearly Report for 2021, the first year of its “New Three-Year Plan” strategy, which marks the beginning of a new growth cycle for the company. According to the financial report, with the accelerating market demand for nutrition and health-related products, the company achieved operating revenue of RMB 4.198 billion yuan (USD $650 million) in the first half of the year, up 34.32% year-on-year, and net profit attributable to shareholders of RMB 1.371 billion yuan (USD $210 million), up 42.55% year-on-year. In terms of industry trends, Chinese VDS will also be polarized in the future: one direction is health food with heavy functions, and the other is food-based, fast-digesting, and high-frequency health food with light functions. (Source: shuzhengkangxun)