---
title: "111 Q4 Loss Narrows, Turns To Adj. Profit From Opns"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282175004.md"
description: "111, Inc. (YI), a Chinese tech-enabled healthcare company, reported a narrower net loss for Q4, primarily due to lower operating expenses and the absence of last year's share-based compensation. The net loss attributable to shareholders was RMB16.22 million ($2.32 million), down from RMB19.84 million a year prior. Adjusted profit from operations was RMB0.223 million, compared to a loss of RMB2.292 million last year. Quarterly revenues fell to RMB2.82 billion from RMB3.85 billion. Shares closed 4.18% higher at $6.48."
datetime: "2026-04-09T10:20:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282175004.md)
  - [en](https://longbridge.com/en/news/282175004.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282175004.md)
---

# 111 Q4 Loss Narrows, Turns To Adj. Profit From Opns

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111, Inc. (YI), a Chinese tech-enabled healthcare company, reported Thursday a narrower net loss for the fourth quarter, supported mainly by lower operating expenses as well as the absence of last year's share-based compensation expenses. The company reported adjusted profit from operations, compared to prior year's loss, despite lower revenue.

For the fourth quarter, net loss attributable to ordinary shareholders was RMB16.22 million or RMB 1.80 per ADS, compared to loss of RMB19.84 million or RMB2.20 per ADS in the same quarter of last year.

In dollar terms, attributable net loss was $2.32 million or $0.20 per ADS in the latest quarter.

The prior year's result was hurt mainly by share-based compensation expenses of RMB5.03 million or RMB0.60 per share.

The prior year's adjusted net loss was RMB14.81 million or RMB1.60 per ADS.

Other net income was RMB 4.039 million compared to a loss of RMB 0.479 million in the prior year

Adjusted profit from operations was RMB0.223 million or $0.032 million, compared to a loss of RMB 2.292 million a year earlier

Operating costs and expenses were RMB2.82 billion or $403.32 million, a decrease of 26.8% from last year.

Quarterly net revenues declined to RMB 2.82 billion or $403.28 million from RMB 3.85 billion a year before.

On the Nasdaq, shares of 111 closed Wednesday's regular trading 4.18 percent higher, at $6.48.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

For comments and feedback contact: editorial@rttnews.com

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