BEST Inc. Announces Unaudited First Quarter 2024 Financial Results
BEST Inc. American Depositary Shares, each representing five Class A Ordinary Share (BEST)
Last best inc. american depositary shares, each representing five class a ordinary share earnings: 3/12 06:33 am
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Source: PR Newswire
HANGZHOU, China, June 6, 2024 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia ("SEA"), today announced its unaudited financial results for the first quarter ended March 31, 2024.FINANCIAL HIGHLIGHTS (1)For the First Quarter Ended March 31, 2024:(2)Revenue was RMB1,942.0 million (US$269.0 million), compared to RMB1,715.3 million in the first quarter of 2023. The increase was primarily due to increased revenue of BEST Freight and BEST Global.Gross Profit was RMB55.2 million (US$7.6 million), compared to gross loss of RMB8.5 million in the first quarter of 2023. The increase was primarily due to increased volume and further improvements of operating efficiency for both BEST Freight and BEST Global. Gross Profit Margin was 2.8% for the first quarter of 2024, compared to Gross Loss Margin of 0.5% in the same period of 2023.Net Loss from continuing operations was R
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BEST
News
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BEST, OSG, SQSP, VAPO on Behalf of ShareholdersGlobeNewswire
- Kuehn Law Encourages BEST, VAPO, SQSP, and OSG Investors to Contact Law FirmPR Newswire
- Shareholder Alert: Ademi LLP investigates whether BEST Inc. has obtained a Fair Price for its Public ShareholdersPR Newswire
- BEST Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of BEST Inc. Is Fair to ShareholdersBusiness Wire
- BEST Inc. Enters into Definitive Agreement for "Going Private" Transaction [Yahoo! Finance]Yahoo! Finance
BEST
Sec Filings
- 6/21/24 - Form SC
- 6/20/24 - Form 6-K
- 6/12/24 - Form 6-K
- BEST's page on the SEC website