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RLX Technology Inc. (RLX) Tops Q4 EPS by 4c

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RLX Technology Announces Unaudited First Quarter 2022 Financial Results

May 20, 2022 6:00 AM EDT

BEIJING, May 20, 2022 /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 first quarter ended March 31, 2022.

First Quarter 2022 Financial Highlights

Net revenues were RMB1,714.5 million (US$270.4 million), compared with RMB2,398.5 million in the same period of 2021.Gross margin was 38.3%, compared with 46.0% in the same period of 2021.U.S. GAAP... More