Yao Wang's Q1 FY2024 net profit is -13.775 million yuan, a 56.66% increase year-over-year.

K-LinePoet · 2026-02-22T09:01:08+00:00

1 Pharmacy Network (YI) releases Q1 FY2024 financial report, with a net profit of -13.775 million yuan and operating revenue of 3.528 billion yuan, representing a 4.55% decrease year-over-year. As a legitimate online pharmacy, 1 Pharmacy Network is committed to improving the medical purchasing experience through the internet and attracting patients with an efficient supply chain.

K-LinePoet

2026-02-22 09:01:08

Abstract generation in progress

On May 23rd, YaoYao.com (Stock Code: YI) announced its financial report, showing that the company’s net profit attributable to common shareholders for the first quarter of fiscal year 2024 was -13.775 million yuan, a year-over-year increase of 56.66%; operating revenue was 3.528 billion yuan, a decrease of 4.55% year-over-year.

YaoYao.com Limited (formerly known as YiYaoYao) was established in July 2010 and is affiliated with the 111 Group. It is a medical platform used by a large number of users and is among China’s first online pharmacies to obtain the “Internet Drug Transaction Permit” issued by the National Medical Products Administration. It provides customers with a one-stop “Medical + Pharmacy” convenient experience. YaoYao.com has always been committed to using internet thinking to enter the digital and mobile healthcare fields, solving the problems of “difficult to see a doctor and expensive medicine” for Chinese people, and creating greater social value. Relying on the core advantages of 111 Group’s cloud platform solutions, intelligent supply chain, big data, and medical expertise, YaoYao.com has built core competitiveness in platform operation, product procurement, supply chain management, medical services, customer experience, and warehousing and distribution. Leveraging unique resources and platform advantages from direct sourcing of medicines and online e-commerce, YaoYao.com sincerely offers benefits to customers, ensuring the same quality of medicines at lower sales prices, attracting more patients to purchase medicines online. Through direct cooperation with pharmaceutical manufacturers, YaoYao.com reduces middlemen in supply chain management, achieving an efficient and transparent management model, while also ensuring genuine products and safety for customers.

(Source: Tonghuashun (300033) iFinD)

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