Recently, Bloomage BioTech announced its 2021 interim report, and the functional skin care segment once again becoming the largest business segment with revenue of RMB 1.2 billion yuan (USD $186 million) in the first half of the year. The report also shows that its functional skin care products business revenue accounted for 62.07% of its main business revenue, with a comprehensive gross margin of 78.72%. It is noteworthy that the four core brands, “Biohyalux”, “Quadha”, “Med Repair”, and “Bio-Meso” all achieved high growth. In the second half of the year, Bloomage BioTech will continue to build a more complete product matrix according to market demand, achieving a higher volume of the business scale. (Source: cinic.org)
