Yatsen Holding(YSG) - 2023 Q2 - Quarterly Report

Exhibit 99.1 Yatsen Announces First Quarter 2023 Financial Results Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on May 16, 2023 GUANGZHOU, China, May 16, 2023 – Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights • Total net revenues for the first quarter of 2023 decreased by 14.1% to RMB765.4 million (US$111.5 million) from RM ...