SHANGHAI, April 24, 2025-

Chinese hygiene products manufacturer Haoyue Personal Care Co. (Haoyue) posted its financial results for the year 2024. Revenue achieved a year-on-year increase of 6.25% to 2.93 billion yuan ($401.7 million). Net profit attributable to the owners of the parent fell by 11.65% to was 387.51 million yuan. Net profit attributable to owners of the parent after deducing non-recurring profit and loss dropped by 11.1% to 376.29 million yuan.

Personal care business. Revenue of its personal care business rose by 6.21% to 2.84 billion yuan. Accounting for 70.32% of the total revenue, revenue of its baby hygiene products business was 2.06 billion yuan in 2024, up 4.27% year on year. Revenue of the adult hygiene products business was 551.66 million yuan, down 0.55%, which accounted for 18.83% of the total revenue. Revenue of other hygiene products (including wipes, moist toilet paper, etc.) surged 57.55% to 232.43 million yuan.

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