Luckin Coffee Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CNY 6,201.43 million compared to CNY 3,298.73 million a year ago. Net income was CNY 998.7 million compared to net loss of CNY 114.71 million a year ago. Basic earnings per share from continuing operations was CNY 3.12 compared to basic loss per share from continuing operations of CNY 0.4 a year ago. Diluted earnings per share from continuing operations was CNY 3.12 compared to diluted loss per share from continuing operations of CNY 0.4 a year ago.
For the six months, revenue was CNY 10,638.16 million compared to CNY 5,703.33 million a year ago. Net income was CNY 1,563.52 million compared to net loss of CNY 94.87 million a year ago. Basic earnings per share from continuing operations was CNY 4.96 compared to basic loss per share from continuing operations of CNY 0.32 a year ago. Diluted earnings per share from continuing operations was CNY 4.96 compared to diluted loss per share from continuing operations of CNY 0.32 a year ago.