The total net revenue of the second quarter was 154.4 million USD and 41.9%

Absrtact: August 19 News, Poly-Mei Excellent products released today as of June 30, the second quarter of the fiscal year 2014, without the audit earnings. The report showed that the total net revenue for the second quarter was 154.4 million U.S. dollars, up 41.9% from 108.8 million trillion dollars in the same period last year; belong to the company

August 19 News, Poly-Mei Excellent products released today as of June 30, the second quarter of the fiscal year 2014, without the audit earnings. The report showed the total net revenue for the second quarter of the company was 154.4 million U.S. dollars, up 41.9% from 108.8 million US dollars in the same period last year; the net profit for ordinary shareholders was 15.4 million dollars, up 10 million from the same period last year.

According to Yahoo's financial data, 5 of Wall Street analysts on average expect the U.S. depository Receipts (ADS) in the second quarter to gain $0.12 trillion. According to earnings, Poly-Mei products in the second quarter earnings per share of 0.13 U.S. dollars, more than analysts expected.

In addition, the 6-bit Wall Street analyst estimates that the aggregate sales of the United States in the second quarter of 149.61 million U.S. dollars. According to earnings, the first quarter of the U.S. total revenue of 154.4 million U.S. dollars, more than analysts expected.

Main achievements:

The total net turnover of the second quarter (GMV) was 289.4 million U.S. dollars, up 64.3% from the same period last year, mainly because the number of active users grew by 42.9% and the total number of orders increased by 39.2% year-on-year;

The total net revenue in the second quarter was 154.4 million U.S. dollars, up 41.9% from a year earlier;

Poly-Mei Products in the second quarter gross profit in net revenue accounted for 46.3%, higher than the same period last year 41.5%. Poly-Mei Excellent products in the second quarter gross profit in total net turnover accounted for 24.7%, lower than the same period last year 25.7%, mainly due to the expansion of market services business;

The net profit of the company's common shareholders in the second quarter was $15.4 million, up 53.6% from the same period last year;

Not in accordance with the United States General accounting standards (excluding equity incentive payments), the second quarter of the company's shares in the general shareholders of the firm's net profit of 17.8 million U.S. dollars, compared with the same period last year, a 68.2% increase;

Poly-Mei Products successfully completed the IPO on the New York Stock Exchange on May 16, 2014. With the option of excess placements and private-equity transactions carried out by underwriters, the United States has raised 429.9 million dollars in total.

"We are excited about the strong quarterly financial performance that reflects our growth momentum and operational efficiency," said Chen Au, founder and CEO of Poly Mei. Total net turnover in the quarter grew 64.3% year-on-year, net revenue grew 41.9% year-on-year, and net profits attributable to ordinary shareholders rose 53.6%. This is the first quarterly report that we announced on May 16, 2014 after our IPO on the New York Stock Exchange, and the IPO has been a major milestone in the history of the United States. We are committed to strengthening supply chain management and implementing stringent quality control measures to continue to attract more top beauty brands at home and abroad. To this end, we expanded the scope of random product testing in June 2014 to enhance the reputation of Chinese consumers in quality and reliability. We intend to raise the bar for China's online beauty industry and set new benchmarks in our ongoing campaign against counterfeiting. ”

"This marks the nineth consecutive quarter that our company has achieved strong and profitable growth," added Gao Meng, the joint CFO of the United States. This performance has significantly enhanced our leading position in the Chinese online business beauty market, demonstrating our ability to continue to cross sell into other female product categories, such as apparel. ”

Poly United States Excellent product joint CFO Zheng concluded: "Looking ahead, we will continue to focus on the established strategy, to a wide range of product portfolio to add more own brand and unique beauty products." As we continue to implement our corporate strategy, we will strike a balance between product mix and market services, which should allow us to maximize long-term shareholder value. ”