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RLX Technology Inc. Profit Climbs In Q2

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

RLX Technology Inc. (RLX) revealed earnings for its second quarter that Increases, from last year

The company's earnings totaled RMB217.117 million, or RMB0.166 per share. This compares with RMB132.314 million, or RMB0.103 per share, last year.

Excluding items, RLX Technology Inc. reported adjusted earnings of RMB285.773 million or RMB0.218 per share for the period.

The company's revenue for the period rose 40.3% to RMB879.952 million from RMB627.176 million last year.

RLX Technology Inc. earnings at a glance (GAAP) :

-Earnings: RMB217.117 Mln. vs. RMB132.314 Mln. last year.
-EPS: RMB0.166 vs. RMB0.103 last year.
-Revenue: RMB879.952 Mln vs. RMB627.176 Mln last year.

This increased revenue reflects the company’s expansion into international markets.

The Board has approved a cash dividend of $0.01 per share, or $0.01 per ADS, to holders of shares and holders of ADSs, respectively, as of the close of business on September 12. The dividend is expected to be paid on or around September 19 for holders of shares, and on or around September 26, for holders of ADSs.

RLX was up by 7.14% at $2.400 in the pre-market trade on the New York Stock Exchange.

For comments and feedback contact: editorial@rttnews.com

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