Wednesday, February 1

Tag: RLX TECHNOLOGY

RLX Technology (RLX) Scheduled to Post Earnings on Wednesday
Science

RLX Technology (RLX) Scheduled to Post Earnings on Wednesday

RLX Technology (NYSE:RLX - Get Rating) is set to post its quarterly earnings results before the market opens on Wednesday, November 16th. Individual interested in listening to the company's earnings conference call can do so using this link. RLX Technology (NYSE:RLX - Get Rating) last issued its earnings results on Wednesday, September 21st. The company reported $0.05 EPS for the quarter. RLX Technology had a net margin of 35.14% and a return on equity of 19.23%. The company had revenue of $333.51 million for the quarter. RLX Technology Price PerformanceShares of RLX stock opened at $1.50 on Wednesday. RLX Technology has a 12 month low of $0.90 and a 12 month high of $5.90. The company has a market capitalization of $2.33 billion, a PE ratio of 5.00 and a beta of -0.23. The firm's 50-day ...
RLX Technology Plans to Achieve Carbon Neutrality By 2050
Science

RLX Technology Plans to Achieve Carbon Neutrality By 2050

On the production side, RLX will start to reduce the waste in its offices, production lines, and laboratories and aim to lower the share of waste landfilling by 30 percent from 2021 to 2033. RLX also plans to turn one of its self-owned factories into a zero-emission factory in 2033.The company will also form a green supply chain partnership and encourage its supply chain partners to use more renewable energy and set up a net-zero or reduced carbon emission plan.As for RLX's products, RLX plans to reduce disposable plastic packaging by 2025 and use only recyclable, reusable, or degradable plastic packaging by 2033. RLX will also invest in developing a zero-carbon RELX product by 2025.The Pods Recycling project is RLX's primary emphasis on achieving the net-zero goal. By the end of 2022, th...