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Best Inc (BEST.US) had a revenue of 1.942 billion yuan in the first quarter, with a soaring 256.4% increase in cross-border business parcel volume.
Best Inc (BEST.US) released its financial report for the first quarter of 2024. The total revenue for the first quarter of 2024 was RMB 1.942 billion, an increase of 13.24% year-on-year. The revenue from the company's freight services was RMB 1.2235 billion, an increase of 16.3% year-on-year. The revenue from supply chain management services was RMB 0.411 billion, a decrease of 6.6% year-on-year. The revenue from global services was RMB 0.2809 billion, an increase of 42.6% year-on-year. The gross margin for the first quarter was RMB 55.2 million, with a gross margin rate of 2.8%. Non-GAAP net loss for the first quarter.
BEST Inc | 6-K: Report of foreign private issuer (related to financial reporting)
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AM Best Revises Data in Recent Best's Market Segment Report on Delegated Underwriting Authority Enterprises Market
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Express News | Best Inc (BEST.US): Q1 2024 financial report revenue reached 269 million US dollars, up from 249.8 million US dollars in the previous period; eps was -1.15 US dollars, compared to -1.71 US dollars in the previous period.
Express News | Best Inc's revenue in the first quarter of 2024 reached 1.942 billion yuan, with a year-on-year growth of more than double in cross-border business volume.