ZKH Group Q4 Earnings Call Highlights

Full-year GMV: RMB 10.1 billion, down 3.3% year-over-year, which Lai attributed primarily to optimization impacts that “continued to weigh on results in the first half.”CFO Max Lai said the company ended the year with stronger momentum, citing accelerated top-line growth, improved operating efficiency, and a return to profitability in the fourth quarter. Key figures discussed on the call included:Chen said the company returned to profitability in the fourth quarter with an adjusted net profit of RMB 14.8 mi ...