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An update from Baozun, Inc. Class A ( (HK:9991) ) is now available.
Baozun Inc. announced its unaudited financial results for the fourth quarter and fiscal year 2024, highlighting a significant transformation with an 8% year-over-year revenue growth and improvements in operating profit. The company achieved a 6% increase in E-Commerce revenue and a 17% rise in Brand Management revenue, demonstrating its commitment to innovation and financial discipline. These efforts resulted in a 16% increase in adjusted operating profits for the E-Commerce segment and a 20% reduction in adjusted operating loss for the Brand Management segment, reinforcing Baozun’s position in the market and its focus on long-term profitability and growth.
More about Baozun, Inc. Class A
Baozun Inc. is a leading brand e-commerce solution provider and digital commerce enabler in China. The company focuses on driving digital innovations and AI applications to enhance efficiency and streamline omni-channel operations, providing services that support sustainable growth in the e-commerce industry.
YTD Price Performance: 19.62%
Average Trading Volume: 22,183
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$1.53B
For an in-depth examination of 9991 stock, go to TipRanks’ Stock Analysis page.