111, Inc. reports Q2 EPS (RMB 0.16) vs. (RMB 0.68) last year

Reports Q2 revenue RMB 3.42B vs. RMB 3.48B last year. Junling Liu, co-founder, chairman, and CEO of 111, commented, “Despite a challenging macroeconomic landscape, we successfully achieved operational profitability for the second consecutive quarter, underscoring the resilience of our business model and the effectiveness of our strategic initiatives as a top digital healthcare platform for empowering the whole industry chain. Our continued focus on operational efficiency has driven a significant turnaround, with income from operations hitting RMB3.3 million during quarter-an impressive recovery from an operational loss of RMB41.4 million a year earlier.”