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  "documentTitle": "Yatsen | Results Presentation Deck | 19 slides",
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  "authorName": "Yatsen",
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  "presentationDate": "2023-03-01 00:00:00",
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  "notes": "The slide uses a dual-chart layout to contrast revenue decline with margin expansion.",
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      "kind": "callout",
      "text": "Higher revenue contribution from Skincare Brands², stricter pricing and discount policies and cost optimization",
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      "text": "Slow-down in Color Cosmetics Brands¹ partially offset by growth in Skincare Brands²",
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      "text": "Net Revenues (RMB MM)",
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      "text": "Note: 1 Include net revenues from Perfect Diary, Little Ondine, Pink Bear and other color cosmetic brands. 2 Include net revenues from DR.WU (its mainland China business), Galénic, Eve Lom, Abby's Choice and other skincare brands.",
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