111, Inc. (YI) Reports Q1 EPS of ($0.14)

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Go back to 111, Inc. (YI) Reports Q1 EPS of ($0.14)

111, Inc. Announces First Quarter 2022 Unaudited Financial Results

June 16, 2022 3:58 AM EDT

SHANGHAI, June 16, 2022 /PRNewswire/ -- 111, Inc. ("111" or the "Company") (NASDAQ: YI), a leading tech-enabled healthcare platform company committed to digitally connecting patients with medicine and healthcare services in China, today announced its unaudited financial results for the first quarter ended March 31, 2022.

First Quarter 2022 Highlights

Net revenues were RMB2.98 billion (US$470.5 million), representing an increase of 14.9% year-over-year.Gross segment profit (1) increased by 66.3% year-over-year, with B2B segment profit increasing by 90.7% year-over-year.Total... More