Luckin Coffee Inc. (LKNCY) announced a profit for fourth quarter that Drops, from the same period last year
The company's earnings came in at RMB518.19 million, or RMB0.20 per share. This compares with RMB850.69 million, or RMB0.33 per share, last year.
Excluding items, Luckin Coffee Inc. reported adjusted earnings of RMB698.57 million or RMB0.37 per share for the period.
The company's revenue for the period rose 32.9% to RMB12.776 billion from RMB9.613 billion last year.
Luckin Coffee Inc. earnings at a glance (GAAP) :
-Earnings: RMB518.19 Mln. vs. RMB850.69 Mln. last year.-EPS: RMB0.20 vs. RMB0.33 last year.-Revenue: RMB12.776 Bln vs. RMB9.613 Bln last year.
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