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0 0.0147783251231526 0.0147783251231526 0 0.064039408866995 0.0689655172413791 0.0788177339901476 0.0541871921182265
Stock impact report

RLX Technology Announces Unaudited Fourth Quarter and Fiscal Year 2023 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, March 15, 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 fourth quarter and the fiscal year ended December 31, 2023.Fourth Quarter 2023 Financial HighlightsNet revenues were RMB520.5 million (US$73.3 million) in the fourth quarter of 2023, compared with RMB340.0 million in the same period of 2022.Gross margin was 23.7% in the fourth quarter of 2023, compared with 43.6% in the same period of 2022.U.S. GAAP net income was RMB216.0 million (US$30.4 million) in the fourth quarter of 2023, compared with U.S. GAAP net loss of RMB225.1 million in the same period of 2022.Non-GAAP net income[1] was RMB432.6 million (US$60.9 million) in the fourth quarter of 2023, compared with RMB249.7 million in the same period of 2022.Fiscal Year 2023 Financial HighlightsNet revenues were RMB1,586.4 million (US$223.4 million) in fiscal year 2023, compar Show less Read more
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