Question · Q2 2024
Inquired about the strategy to increase penetration among pharmacy clients facing operating pressure, whether profitability is prioritized over revenue growth, and the operational impact of retail drug price comparison policies.
Answer
The company sees the challenges faced by offline pharmacies as an opportunity to provide support and increase wallet share. Profitability is the main priority for 2024, achieved by optimizing product selection to create a one-stop shop. To address price comparisons, the company has made low prices a core operational strategy. They also see long-term growth opportunities from the increasing number of pharmacies and the shift of drug sales from hospitals to retail due to the anti-corruption campaign.