111 Inc. reports narrower Q4 net loss, down revenues, but optimistic about long-term growth opportunities.

From Nasdaq: 2025-03-20 01:20:28

111, Inc. reported a narrower net loss in the fourth quarter due to weak revenues from a challenging macroeconomic environment. The net loss attributable to ordinary shareholders was RMB19.84 million, compared to RMB210.37 million the previous year. Loss per ADS was RMB 0.22, down from RMB 2.48 per ADS. Adjusted attributable net loss was RMB14.8 million, compared to RMB59.0 million in the same quarter last year. Net revenues were RMB3.85 billion, down 6.3% from the previous year. The company’s CEO is optimistic about growth opportunities in 2025, driven by healthcare digitalization and rising healthcare needs in China’s aging population.



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