Functional Skincare Products Became the Largest Revenue Business of Bloomage BioTech

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)