Scandal-tainted China's Luckin Coffee turns first ever operating profit in Q1

Scandal-tainted China's Luckin Coffee turns first ever operating profit in Q1

FILE PHOTO: A cup of 'Luckin Coffee' coffee is poured during the company's IPO at the Nasdaq Market site in New York, U.S., May 17, 2019. REUTERS/Brendan McDermid/File Photo

Luckin Coffee Inc. says it made its first-ever operating profit in the first quarter, two years after the wannabe Starbucks challenger delisted from the Nasdaq for faking hundreds of millions of dollars of revenue.