SHANGHAI, April 30, 2025-

Chinese pet hygiene products manufacturer Yiyi released its earnings results for 2024 at the end of April. Revenue shot up by 34.41% to 1.8 billion yuan ($247 million). Net profit attributable to the owners of the parent jumped by 108.34% to 215.12 million yuan.

In 2024, revenue of its pet hygiene products business achieved a year-on-year increase of 34.93% to 1.69 billion yuan, accounting for 94.02% of the total revenue of the company. Gross profit margin was 20.73%, up 2.83 percentage points. Revenue of its nonwoven business grew by 33.94% to 83.52 million yuan, which accounted for 4.65% of its total revenue. Revenue of its personal hygiene products business increased by 11.02% to 20.3 million yuan, accounting for 1.13% of its total revenue.

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