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Stock impact report

111, Inc. Announces Third Quarter 2024 Unaudited Financial Results [Yahoo! Finance]

111, Inc. - American Depositary Shares (YI) 
Company Research Source: Yahoo! Finance
Held Positive Operating Cash Flow for Three Consecutive Quarters SHANGHAI 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 Highlights Net revenues were RMB3.6 billion US$513.1 million ), remaining relatively flat compared to the same quarter last year. Gross segment profit was RMB 210.6 million US$ 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 revenues, total operating expenses decreased by 160 basis points to 5.8% from 7.4% in the same quarter of last year, demonstrating continuous Show less Read more
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