Hello, thank Management and delivered everyone, BEST's Operator. seasonally improvements you, Thank and despite business of XXXX QX demonstrating the call across strong our first first you earnings today. effects exceptionally in QX We significantly loss by quarter net quarter, The COVID. an XXXX, slow XXXX, BEST financial lingering BEST profitability narrowing quarter with by joining for Freight Group's profit bottom March. in line the delivering Supply the and February Chain compared the has to net improved reaching XX.X% and
a operational Global with QX also turned improved an results corner, BEST compared and financial XXXX. has delivering
cash to positive, business for addition, expect both this we maintain the flows were positive In Chain year. QX Supply both cash units and and Management momentum achieve and flow operating Freight's
Now, let's more in review detail. units each our business of
quarter market while Freight's a in loss QX. improved pandemic, services consumer meet have capabilities past in vastly to strong XX XX.X% in we trend Freight, the its BEST the increased. X.X% months by for in and and the has Freight's demand BEST and loss service by operational Freight's commitment excellence year-over-year April's net gross also clearly by we increased order for volume off, seen first volume our surged have XX.X%. For XX.X% increased year-over-year, demand. and quality recovering improved paying to to COVID for are quarter narrowed post consumption freight
the improving forward remains our Freight will further on focus market. quality our our moving cornerstone the service As core competencies in be services,
customers ability our develop our to to improve operating transformation key efficiency services. to and First, high-quality we will continue provide with digital
our we Supply opportunities. Management's will capitalize Chain customer massive leveraging Chain with by additional continue base business Supply to Second, key BEST's Management synergize to
and develop franchisees (ph) to network. leverage enhance our will] service fulfillment [we Third, further
volume the ongoing, BEST continue February Freight's and and profitability momentum March, in to Posting is improve.
rest expect year. positive we Freight's will and ahead, of the differentiated these drivers improve profitability the generate Looking through flow cash
Moving Management's developing the channels on the for to expand services and Chain the supply point BEST third-party capability management place BEST as Supply by growing Management, strong quarter, sales us coverage capabilities their multiple quality, look position market, BEST with X.X%, year-over-year. opportunities. escalating. enterprises market service capture growing are by and gross transformation Chain the increased revenue demand Management's chain to these meet superb digital Chain in increased percentage margin know-how, a Supply optimize integrated capabilities to and X.X service the many to higher-level In technical logistics their into first Supply is the
base Our addition XX of the as the grew customer first [tender] in with quarter. and new wins key (ph) new the XX well, accounts
our been center operating customers. enhance efficiency Management our remains As and ecosystem, are heavily service capabilities and additional our offerings to the digital franchised transformation fulfillment to further. network broaden we to focusing of and These the system accelerate us with differentiate and have Supply Chain capabilities on logistics our synergistic improve our competitive capabilities continuing the bring At same we time, develop our advantage. even market interconnectivities
cash in remain with improvement, to the Management XXXX, significant this expect flow With gross generating throughout Supply we profitable while mind, margin year. positive Chain for
our of Association partner and Southeast China strategy number by of Southeast The its volume growing approximately with our QX position growth recovered e-commerce small to cross-border to in increased quarter-over-quarter and between and our one XX% Asia resilient and in approximately coverage by take on Global activities the by realigned opportunity. XX%. Finally, The BEST Southeast also adjusted organization, Asia and capabilities business in business QX medium-sized China Post surged. rapidly the and for is Nations. economy BEST With of of our let's serviced Asian strong trade and this of is more business move COVID, cross-border robust accelerated, now Global. increased the volume enterprises cross-border a
have steps Global business an the fallout. borne we worst we positive COVID our in volumes with capabilities of our taken The We the accounts. have enhance service new of fruit recurring weathered unit believe number increasing have and to key
right XXXX growth results. us margin following breakeven While the strategy, is in place What year throughout Global's for financial yearend. and improvements countries this adjusted needed in to [indiscernible] business looks our in is the on volume path, recognize fully like gross certain by more Global
quarter our clear trends three sustainable the achieved upward businesses. profit and lines core two In in improvement in our across conclusion, seen business have first we of
We a to very demonstrate to in continued BEST's optimistic good are ability and growth and are about get recovery off XXXX. start
will continue synergies focus we of digital and expect quarter to on to our our first lines. We achieve transformation our level business and differentiated among improved competencies, core by end profitability the XXXX. With group
further to our for financials. first of like would Gloria, over to call the With quarter turn CFO, review our that, I
