Gelonghui, May 18 | Fog Core Technology (RLX.US) fell more than 4% to $2.06. The company announced results for the first quarter of 2024, showing revenue of 550 million yuan (76.4 million US dollars), up 6% from the previous month, up 192.1% year on year. Under non-US GAAP, adjusted net profit for the first quarter was 210 million yuan (28.74 million US dollars), a decrease of 52.0% month on month, and an increase of 13.0% year on year. The total amount of cash, cash equivalents, restricted cash, etc. was 14.68 billion yuan (2.03 billion US dollars).
美股异动丨雾芯科技跌超4%，Q1经调整净利润环比减少52%
Changes in US stocks 丨 Fuxin Technology fell more than 4%, and Q1 adjusted net profit decreased 52% month-on-month
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