YSB (09885) Surges Over 4% as H1 Profit Climbs 47.1% and Board Greenlights Share Buyback

Stock News
Aug 21

YSB (09885) shares advanced more than 4% in Hong Kong trading, last seen up 4.21% at HK$3.465, with turnover reaching HK$1.62 million.

The move comes as the company released its 2026 interim results, showing revenue of RMB 10.283 billion for the first half, a year-on-year increase of 4.5%, while net profit rose 47.1% to RMB 109 million.

During the reporting period, YSB leveraged its dual-engine strategy of "platform plus self-operated" to achieve synchronized growth in both revenue and profit. On the platform side, the company recorded an average of 460,000 monthly active buyers and 430,000 monthly paying buyers, with the paying rate holding steady at 94%.

Driven by strong confidence in the company's long-term value and growth prospects, YSB has been actively executing share repurchases. Between March 23 and July 21, the company spent HK$159 million to buy back over 35 million shares, representing 5.1% of its total share capital.

The board has approved a new buyback facility of up to HK$100 million, which will be deployed opportunistically based on market conditions to further optimize the capital structure and enhance shareholder returns.

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