111, Inc. Announces First Quarter 2024 Unaudited Financial Results [Yahoo! Finance]
111, Inc. - American Depositary Shares (YI)
Company Research
Source: Yahoo! Finance
Achieved Positive Operating Cash Flow SHANGHAI May 23, 2024 /PRNewswire/ -- 111, Inc. ("111" or the "Company") (NASDAQ: YI), a leading tech-enabled healthcare platform company committed to reshaping the value chain of healthcare industry by digitally empowering the upstream and downstream in China , today announced its unaudited financial results for the first quarter ended March 31, 2024 First Quarter 2024 Highlights Net revenues were RMB3.5 billion US$488.7 million ) and Gross segment profit was RMB 208.5 million US$ 28.9 million ). Due to the sudden surge in medicine demand during the peak of the Covid-19 pandemic in Q1 2023, net revenue and gross segment profit had a 4.6% and 11.7% decrease respectively. Total operating expenses were RMB204.8 million US$28.4 million ), an improvement of 20.6% compared to RMB257.9 million in the same quarter of last year. As a percentage of net revenues, total operating expenses decreased by 120 basis points to 5.8% from 7.0% in the same q
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News
- 111, Inc., Scrianen Announce Strategic Direct Supply Partnership to Expand Nationwide Reach and Improve Drug Accessibility [Yahoo! Finance]Yahoo! Finance
- 111, Inc., Scrianen Announce Strategic Direct Supply Partnership to Expand Nationwide Reach and Improve Drug AccessibilityPR Newswire
- 111, Inc. Announces First Quarter 2024 Unaudited Financial ResultsPR Newswire
- 111 to Announce First Quarter 2024 Unaudited Financial Results on May 23, 2024 - Conference Call to FollowPR Newswire
YI
Sec Filings
- 5/23/24 - Form 6-K
- 5/14/24 - Form 20-F
- 4/30/24 - Form NT
- YI's page on the SEC website