RLX Technology’s Net Profit Fell By 41.1% Year-Over-Year
May 21, 2022 at 15:40 PM EDT
RLX Technology announced its unaudited financial report for Q1 2022. RLX Technology reported net revenue of CNY 1.71 billion, down 28.5% year-over-year. Government regulations and COVID-19 cases were restricting RLX Technology’s development.