According to the Zhitong Finance App, Youbao Online (02429) announced the annual results for the year ended December 31, 2023. The group achieved revenue of 2,672 billion yuan (RMB, same below) during the period, an increase of 6.07% over the previous year; losses attributable to shareholders were 327 million yuan, an increase of 15.03% year on year; basic loss per share was 0.43 yuan;
According to the announcement, for the year ended December 31, 2023, the Group's revenue from unmanned retail business was 2,034 billion yuan, an increase of 3.0% over the previous year. This increase is mainly due to the increase in FMCG sales in the point network due to the relaxation of the COVID-19 policy in December 2022 and the overall resumption of passenger traffic and business activities.
As of December 31, 2023, the number of Youbao points was 59,721, down 9.8% year on year. The number of point partners (excluding restaurant model partners) was 1932, up 3.0% year on year, the number of restaurant model partners was 704, down 56.5% year on year, and the number of non-Youbao points was 17,909, up 3.7% year on year.