US Stock Movement | 111 Inc. rises over 8%, achieving full-year operational profitability for the first time in 2024
On Tuesday, 111 Inc. rose by over 8%, closing at $8.79. The financial report shows that in 2024, 111 Inc. achieved revenue of 14.4 billion RMB, a Non-GAAP operating profit of 22.3 million RMB, and a GAAP operating profit of 2.1 million RMB. The company achieved annual operating profitability for the first time and also realized a positive operating cash flow of 263 million RMB for the first time in a year
According to Zhitong Finance APP, on Tuesday, 111 Inc. (YI.US) rose by over 8%, closing at $8.79. The financial report shows that in 2024, 111 Inc. achieved revenue of 14.4 billion RMB, a Non-GAAP operating profit of 22.3 million RMB, and a GAAP operating profit of 2.1 million RMB. The company achieved annual operating profitability for the first time and generated a positive operating cash flow of 263 million RMB for the first time
