Luckin Coffee Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was CNY 3,894.64 million compared to CNY 2,350.21 million a year ago. Net income was CNY 528.6 million compared to net loss of CNY 23.51 million a year ago. Basic earnings per share from continuing operations was CNY 1.68 compared to basic loss per share from continuing operations of CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 1.68 compared to diluted loss per share from continuing operations of CNY 0.08 a year ago.
For the nine months, revenue was CNY 9,597.97 million compared to CNY 5,532.66 million a year ago. Net income was CNY 433.73 million compared to net loss of CNY 342.78 million a year ago. Basic earnings per share from continuing operations was CNY 1.44 compared to basic loss per share from continuing operations of CNY 1.36 a year ago. Diluted earnings per share from continuing operations was CNY 1.36 compared to diluted loss per share from continuing operations of CNY 1.36 a year ago.