Baozun Inc. (BZUN) Ramps 13% Following Q1 Beat
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Baozun Announces First Quarter 2018 Unaudited Financial Results
May 17, 2018 4:00 AM EDTSHANGHAI, China, May 17, 2018 (GLOBE NEWSWIRE) -- Baozun Inc. (Nasdaq: BZUN) ("Baozun" or the "Company"), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced its unaudited financial results for the first quarter ended March 31, 2018.
First Quarter 2018 Financial Highlights
Total net revenues were RMB921.2 million (US$1146.9 million), an increase of 14.5% year-over-year. Services revenue was RMB461.3 million (US$73.5 million), an increase of 50.3% year-over-year.Income from operations was RMB28.4 million (US$4.5 million), an increase of 85.2% year-over-year. Operating margin was... More