Luckin Coffee announces Q4 and FY 2024 results
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Image: Robert /stock.adobe.comChinese coffee shop chain Luckin Coffee has published its unaudited fourth quarter and fiscal year 2024 financial results, with a total Q4 revenue of RMB9,613.3 million (US$1,317.2 million), representing a 36.1 per cent year-over-year increase. In a conference call on 20 February, the company announced fourth quarter GAAP operating margin expanded year-over-year to 10.4 per
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