BY-HEALTH Reported Half-year Results for 2022

BY-HEALTH released its 2022 half-yearly results report. The report showed that revenue for the first half of 2022 was RMB 4.221 billion yuan (USD $620 million), essentially flat year-on-year. During the reporting period, offline store sales continued to be affected by the COVID pandemic. While BY-HEALTH was under pressure, it maintained its brand and product advantages, and continued to keep the number one position in terms of market share.

Among the subsidiaries, “Life-Space” showed an outstanding performance that its domestic products achieved a revenue of RMB 177 million yuan (USD $26 million), with an increase of 49.69% year-on-year. BY-HEALTH will continue to be optimistic about the probiotic supplements market. (Source: shuzhengkangxun)

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