YesAsia Holdings Limited Reports Robust 29% Year-on-Year Growth in Q1 2026 Order Amounts

Key Highlights from the First Quarter 2026 Business Update

• Significant Order Growth: YesAsia Holdings Limited announced a strong 29.0% increase in total order amounts for beauty and fashion & lifestyle products, reaching US\$141.7 million in Q1 2026, compared to US\$109.8 million in Q1 2025.
• B2C (YesStyle Platforms): Orders via YesStyle’s e-commerce platforms (website, mobile apps, and other third-party marketplaces) rose by 29.2% year-on-year, from US\$73.5 million in Q1 2025 to US\$95.0 million in Q1 2026.
• B2B (ABW Online and Offline): The Group’s wholesale channels, comprising online (asianbeautywholesale.com) and key offline sales, recorded a 28.6% growth, increasing from US\$36.3 million to US\$46.7 million over the same period.

Operational Details

The disclosed order amounts represent the total value paid by customers for products purchased across YesAsia’s e-commerce platforms and through offline wholesale channels during the reporting period. It is important for investors to note that these figures are presented before any adjustments for indirect taxes, foreign exchange effects, post-sale refunds, and other items required under Hong Kong Financial Reporting Standards (HKFRS) for revenue recognition.

The B2C segment’s strong performance reflects the continued growth and consumer demand for YesStyle’s curated selection of beauty and fashion & lifestyle products. The B2B segment, branded as ABW (Asian Beauty Wholesale), also demonstrated robust growth both online and through key offline channel sales, supporting the Group’s multi-channel strategy.

Potential Price-Sensitive Information and Shareholder Considerations

• Unaudited Data: The operational information provided in this update is unaudited and based on preliminary internal records. The figures have not been reviewed by the Company’s independent auditor or audit committee, and may be subject to future adjustments. Investors should interpret these numbers as indicative rather than definitive measures of the Group’s overall financial performance.
• Not Forward-Looking: The announcement does not constitute a forecast or guarantee of the Group’s future operating conditions. The data reflects historic operational performance for the period only.
• Shareholder Caution: Given the preliminary nature of the information, shareholders and potential investors are advised to exercise caution when dealing in the Company’s securities. Any material adjustment to these figures could impact market sentiment and share prices accordingly.

Corporate Governance Update

The Board of Directors is comprised of a mix of executive, non-executive, and independent non-executive directors. The detailed composition as of the announcement date includes:

• Executive Directors: Mr. LAU Kwok Chu, Ms. CHU Lai King, Mr. CHU Kin Hang, Mr. HUI Yat Yan Henry
• Non-Executive Directors: Mr. LUI Pak Shing Michael, Mr. POON Chi Ho
• Independent Non-Executive Directors: Mr. CHAN Yu Cheong, Mr. SIN Pak Cheong Philip Charles, Mr. WONG Chee Chung

Conclusion

YesAsia Holdings Limited’s operational update for the first quarter of 2026 signals strong underlying demand and successful execution across both B2C and B2B channels. The significant year-on-year order growth could be viewed positively by the market, but investors should remain cautious until the audited results are released. This development may have a material impact on the Company’s share price in the short term, especially if the growth trend is sustained in coming quarters.

Disclaimer: This article is based on unaudited operational data disclosed by YesAsia Holdings Limited as of 24 April 2026. The information may be subject to adjustments and should not be construed as a definitive indicator of the Group’s financial performance. Investors are advised to exercise caution and consult official audited results and professional advice before making investment decisions.

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