Cogobuy Group (00400) said its net profit attributable to equity shareholders for the first quarter ended 31 March 2017 rose 41.5% year-over-year to Rmb120.4 million.
The company recorded a total revenue of Rmb3,267.5 million, representing an increase of 34.7% year-over-year.
The Group's gross merchandise value was Rmb6,133 million, up 57.8% as compared to the same period in 2016.
The number of online transaction customers reached 23,056 as at 31 March 2017, of which about 0.8% are blue chip customers and 99.2% are SME customers. This represents an increase of 98.9% as compared to that of 11,590 as at 31 March 2016. As at 31 March 2017, the number of registered customers reached 111,592, an increase of 87.3% as compared to that of 59,593 as at 31 March 2016.
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