Onechance Tech’s revenue in 2019 increase over 40%

The domestic channel e-commerce company Hangzhou Onechance Tech released the 2019 annual report and the first quarter financial report for 2020 today.
According to the financial report, the revenue of Onechance reached 1.45 billion yuan in 2019, a year-on-year increase of more than 40%, comared to 1.01 billion yuan in 2018.

The domestic channel e-commerce company Hangzhou Onechance Tech released the 2019 annual report and the first quarter financial report for 2020 today.

According to the financial report, the revenue of Onechance reached 1.45 billion yuan in 2019, a year-on-year increase of more than 40%, compared to 1.01 billion yuan in 2018.

The growth rate has remained above 38% for five consecutive years.

The net profit in 2019 was 220 million yuan, an increase of 34.7% from 160 million in 2018.

In addition, in the first quarter of 2020, the revenue of Onechance was 214 million yuan, a decrease of 7.81% compared with the revenue of 232 million yuan in the same period last year.

The profit for the first quarter was 47.32 million yuan, an increase of 46.09% over the same period last year of 32.39 million yuan.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/28/onechance-tech-s-revenue-in-2019-increase-over-40/.

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