Baozun Inc. (BZUN), an e-commerce solutions provider, Tuesday reported net loss of RMB66.64 million or RMB0.37 per share for the first quarter, narrower than RMB83.55 million or RMB0.47 per share in the same quarter a year ago, primarily helped by growth in revenue.
Net loss per ADS was RMB1.10 compared with RMB1.42 last year.
Excluding one-time items, adjusted loss was RMB15.42 million or RMB0.25 per ADS, compared with loss of RMB13.12 million or RMB0.22 per ADS a year ago.
Revenue for the quarter increased 4.9 percent to RMB1.980 billion from RMB1.888 billion last year.
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