RLX Technology Announces Unaudited Third Quarter 2024 Financial Results [Yahoo! Finance]
RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share (RLX)
Company Research
Source: Yahoo! Finance
company, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 202 Financial Highlights Net revenues were RMB756.3 million US$107.8 million ) in the third quarter of 2024, compared with RMB498.9 million in the same period of 2023. Gross margin was 27.2% in the third quarter of 2024, compared with 24.1% in the same period of 2023. U.S. GAAP net income was RMB169.4 million US$24.1 million ) in the third quarter of 2024, compared with RMB176.6 million in the same period of 2023. Non-GAAP net income [1] was RMB261.9 million US$37.3 million ) in the third quarter of 2024, compared with RMB201.4 million in the same period of 2023. "We delivered another strong performance in the third quarter of 2024, showcasing our ability to consistently excel in diverse markets despite rapidly evolving trends and regulations," commented Ms. Ying (Kate) Wang , Co-founder, Chairperson of the Board of Directors, and Chief Executive Officer o
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