LexinFintech Holdings Ltd. Reports First Quarter 2024 Unaudited Financial Results
LexinFintech Holdings Ltd. - American Depositary Shares (LX)
Last lexinfintech holdings ltd. - american depositary shares earnings: 5/17 04:47 am
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Source: GlobeNewswire
SHENZHEN, China, May 23, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended March 31, 2024. “In the first quarter of 2024, Lexin reported total loan origination of RMB58.0 billion, a decrease of 4.8% year-over-year, reflecting a strategy of controlled growth. The outstanding loan balance grew by 13.5% to RMB122 billion on a year-over-year basis”. Jay Wenjie Xiao, Chairman and CEO of Lexin, stated, “During this period, we maintained a conservative outlook on the macroeconomic environment and adhered firmly to prudent business principles. Our goal remains to strike a healthy balance between growth in loan origination and maintaining asset quality.” “Amid the tepid macroeconomic recovery and the seasonal impacts of the Chinese New Year Festival, we strategically prioritized asset quality. We enhance
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News
- LexinFintech: Spotlight On Asset Quality And Financial Outlook [Seeking Alpha]Seeking Alpha
- LexinFintech (LX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- LexinFintech Holdings (NASDAQ:LX) investors are sitting on a loss of 83% if they invested five years ago [Yahoo! Finance]Yahoo! Finance
- LexinFintech Holdings Ltd. to Report First Quarter 2024 Unaudited Financial Results on May 23, 2024GlobeNewswire
- LexinFintech Holdings Ltd. (NASDAQ:LX) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
LX
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- 6/7/24 - Form SC
- 5/24/24 - Form 6-K
- 4/29/24 - Form 20-F
- LX's page on the SEC website