Baozun Inc. Reports 2024 Financial Results with Revenue Growth and Reduced Losses

Baozun, Inc. Class A ( (HK:9991) ) just unveiled an update.

Baozun Inc. announced its annual unaudited consolidated results for the year ended December 31, 2024, highlighting a 6.9% increase in total net revenues to RMB9,422.2 million. Despite a narrowed net loss attributable to ordinary shareholders, the company reported a loss from operations of RMB114.8 million. The financial results indicate improved operational efficiency, with non-GAAP income from operations reaching RMB10.6 million, compared to a loss in the previous year. The announcement reflects Baozun’s ongoing efforts to strengthen its market position and enhance shareholder value.

More about Baozun, Inc. Class A

Baozun Inc. operates in the e-commerce industry, focusing on providing end-to-end brand e-commerce solutions. The company offers services such as online store operations, digital marketing, customer services, and warehousing and fulfillment. Baozun is listed on the Nasdaq Global Select Market under the symbol BZUN and has a weighted voting rights structure.

YTD Price Performance: 19.62%

Average Trading Volume: 22,183

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$1.53B

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