RLX Technology Inc. (RLX) Tops Q2 EPS by 7c

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RLX Technology Announces Unaudited Second Quarter 2021 Financial Results

August 20, 2021 5:30 AM EDT

BEIJING, Aug. 20, 2021 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading branded e-vapor company in China, today announced its unaudited financial results for the second quarter ended June 30, 2021.

Second Quarter 2021 Financial Highlights

Net revenues were RMB2,541.4 million (US$393.6 million), representing an increase of 6.0% from RMB2,398.5 million in the first quarter of 2021. Gross margin was 45.1%, compared to 46.0% in the first quarter of 2021. U.S. GAAP net income was RMB824.3 million (US$127.7... More