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CNFinance Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results [Yahoo! Finance]

CNFinance Holdings Limited American Depositary Shares, each representing twenty (20) Ordinary Shares (CNF) 
Company Research Source: Yahoo! Finance
service provider in China , today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023 Fourth Quarter 2023 Operational and Financial Highlights Total outstanding loan principal [1] was RMB16.0 billion US$2.2 billion ) as of December 31, 2023 , representing an increase of 17.6% from RMB13.6 billion as of December 31, 2022 Net interest and fees income were RMB257.9 million US$36.4 million ) in the fourth quarter of 2023, representing an increase of 1.8% from RMB253.3 million in the same period of 2022. Net income was RMB18.6 million US$2.6 million ) in the fourth quarter of 2023, representing a decrease of 33.6% from RMB28.0 million in the same period of 2022. Basic and diluted earnings per ADS were RMB0.27 (US$0.04) and RMB0.26 (US$0.04) , respectively, in the fourth quarter of 2023, compared to RMB0.41 and RMB0.37 , respectively, in the same period of 2022. Fiscal Year 2023 Operational and Financial Highlights Total loa Show less Read more
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