111, Inc. Announces Third Quarter 2024 Unaudited Financial Results
111, Inc. - American Depositary Shares (YI)
Company Research
Source: PR Newswire
Maintained Operational Profitability for the Third Consecutive QuarterOperating Expenses as a Percentage of Revenues Decreased 160 Basis Points YoYHeld Positive Operating Cash Flow for Three Consecutive QuartersSHANGHAI, Nov. 27, 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 third quarter ended September 30, 2024.Third Quarter 2024 HighlightsNet revenues were RMB3.6 billion (US$513.1 million), remaining relatively flat compared to the same quarter last year.Gross segment profit (1) was RMB 210.6 million (US$ 30.0 million) increased by 10.5% year-over-year.Total operating expenses were RMB208.2 million (US$29.7 million), an improvement of 23.2% compared to RMB271.0 million in the same quarter of last year. As a percentage of net revenu
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News
- 111, Inc. Announces Third Quarter 2024 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
- 111, Inc. to Participate in Fireside Chat with Water Tower Research on December 6, 2024 [Yahoo! Finance]Yahoo! Finance
- 111, Inc. to Participate in Fireside Chat with Water Tower Research on December 6, 2024PR Newswire
- 111 Reschedules Third Quarter 2024 Unaudited Financial Results Announcement to November 27, 2024 - Conference Call to FollowPR Newswire
- 111, Inc. Announces Change to Board of DirectorsPR Newswire
YI
Sec Filings
- 11/27/24 - Form 6-K
- 11/4/24 - Form 6-K
- YI's page on the SEC website