BEST Inc (NYSE:BEST)

$ 1.99 0.01 (0.51%) Market Cap: 40.00 Mil Enterprise Value: 438.10 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 54/100

Q2 2023 BEST Inc Earnings Call Transcript
Aug 24, 2023

$2.66 (+9.02%)

Earnings
Q1 2023 BEST Inc Earnings Call Transcript
May 31, 2023

$2.57 (+0.78%)

Earnings
Q4 2022 BEST Inc Earnings Call Transcript
Mar 09, 2023

$3 (+3.42%)

Earnings
Q3 2022 BEST Inc Earnings Call Transcript
Nov 17, 2022

$2.4 (-4.76%)

Earnings
Q2 2022 BEST Inc Earnings Call Transcript
Aug 18, 2022

$5.48 (-0.72%)

Earnings
Q1 2022 BEST Inc Earnings Call Transcript
Jun 09, 2022

$4.24 (-11.67%)

Earnings
Q4 2021 BEST Inc Earnings Call Transcript
Mar 09, 2022

$12.82 (+3.39%)

Earnings
Q3 2021 BEST Inc Earnings Call Transcript
Nov 17, 2021

$23.2 (-4.13%)

Earnings
Q2 2021 BEST Inc Earnings Call Transcript
Aug 18, 2021

$20.6 (-2.83%)

Earnings
Q1 2021 BEST Inc Earnings Call Transcript
Jun 09, 2021

$28.8 (-11.11%)

Earnings
Q4 2020 BEST Inc Earnings Call Transcript
Mar 11, 2021

$43.2 (-7.69%)

Earnings
Q3 2020 BEST Inc Earnings Call Transcript
Nov 20, 2020

$57.4 (-4.65%)

Earnings
Q2 2020 BEST Inc Earnings Call Transcript
Aug 18, 2020

$89.6 (+5.16%)

Earnings
Q1 2020 BEST Inc Earnings Call Transcript
May 28, 2020

$97.4 (+0.21%)

Earnings
Q4 2019 BEST Inc Earnings Call Transcript
Mar 12, 2020

$100.8 (+1.41%)

Earnings
Q3 2019 BEST Inc Earnings Call Transcript
Nov 13, 2019

$111.6 (+0.18%)

Earnings
Q2 2019 BEST Inc Earnings Call Transcript
Aug 13, 2019

$90 (-8.16%)

Earnings
Q1 2019 BEST Inc Earnings Call Transcript
May 14, 2019

$99.2 (-8.66%)

Earnings
Q4 2018 BEST Inc Earnings Call Transcript
Mar 05, 2019

$131.8 (+5.61%)

Earnings

Q1 2023 BEST Inc Earnings Call Transcript

May 31, 2023 / 01:00AM GMT

Release Date Price: $2.57 (+0.78%)

Transcript

Operator

Good morning, good afternoon, good evening. Welcome to the BEST Inc. First Quarter 2023 Results Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Mr. Johnny Chou, CEO. Please go ahead.

Shao;Ning Chou

BEST Inc. - Founder, Chairman of the Board & CEO

Thank you, operator. Hello, everyone, and thank you for joining BEST's First Quarter 2023 Earnings Call today.

We delivered an exceptionally strong Q1 2023, demonstrating financial improvements across our business despite the seasonally slow first quarter and lingering effects of COVID.

The group's bottom line has improved significantly by narrowing the net loss by 32.2% compared to Q1 2022, with BEST Supply Chain Management delivering net profit in the quarter and BEST Freight reaching profitability in February and March. BEST Global has also turned a corner, delivering an improved financial and operational results compared with Q4 2022. In addition, both Supply Chain Management and

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