DRCO: In 2024, operating cash flow is expected to grow by over 750% year-on-year, with significant results from channel upgrades
On April 26th, DRCO released its performance report for the first quarter of 2024 and 2025. Under the adjustment of the industry cycle, the company continues to strengthen brand building, achieving an operating income of 1.48 billion yuan in 2024, with online self-built platform operating income increasing by over 80% year-on-year; the net operating cash flow amounted to 320 million yuan, a year-on-year increase of 755%. By the end of 2024, the company had cash and cash equivalents, as well as financial products of approximately 6.211 billion yuan, indicating ample and stable cash flow
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