RLX Technology Announces Unaudited First Quarter 2024 Financial Results
RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share (RLX)
Company Research
Source: PR Newswire
SHENZHEN, China, May 17, 2024 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading global branded e-vapor company, today announced its unaudited financial results for the first quarter ended March 31, 2024.First Quarter 2024 Financial HighlightsNet revenues were RMB551.6 million (US$76.4 million) in the first quarter of 2024, compared with RMB188.9 million in the same period of 2023.Gross margin was 25.9% in the first quarter of 2024, compared with 24.2% in the same period of 2023.U.S. GAAP net income was RMB132.6 million (US$18.4 million) in the first quarter of 2024, compared with U.S. GAAP net loss of RMB56.3 million in the same period of 2023.Non-GAAP net income[1] was RMB207.5 million (US$28.7 million) in the first quarter of 2024, compared with RMB183.6 million in the same period of 2023."We started 2024 with a steady first quarter," commented Ms. Ying (Kate) Wang, Co-founder, Chairperson of the Board of Directors, and Chief Executive Of
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RLX
Sec Filings
- 5/17/24 - Form 6-K
- 4/19/24 - Form 6-K
- 4/19/24 - Form 20-F
- RLX's page on the SEC website