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We Like The Quality Of Suning.com's (SZSE:002024) Earnings
ST Tesco: 2024 Annual Report
ST Tesco: 2024 Annual Report Summary
Express News | Suning.com Says 2024 Net Profit 610.6 Mln Yuan
Suning.com is expected to achieve a net income of 0.61 billion yuan for the entire year of 2024, an increase of 114.93% year-on-year.
Sina Technology reported on the evening of March 28 that Suning.com released its annual report for 2024. The report shows that the company achieved a Net income of 0.61 billion yuan attributable to shareholders of the listed company, an increase of 114.93% year-on-year, and a cash flow from operating activities (CFO) of 4.586 billion yuan, an increase of 57.56% year-on-year, marking the first annual profit since 2020. In the fourth quarter, store sales grew by 64.6% year-on-year, and the depth of the retail service provider strategy showed results. In 2024, Suning.com will promote a comprehensive optimization and upgrading of the store model, with comparable store sales revenue and sales per unit area increasing by 2% year-on-year.
The Past Five Years for Suning.com (SZSE:002024) Investors Has Not Been Profitable
