X Financial Reports First Quarter 2019 Unaudited Financial Results
X Financial American Depositary Shares, each representing six Class A Ordinary Shares (XYF)
Last x financial american depositary shares, each representing six class a ordinary shares earnings: 3/18 05:20 pm
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Source: PR Newswire
SHENZHEN, China, May 20, 2019 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading technology-driven personal finance company in China, today announced its unaudited financial results for the first quarter ended March 31, 2019.First Quarter 2019 Financial HighlightsNet income attributable to X Financial shareholders in the first quarter of 2019 increased by 50.2% to RMB213.6 million (US$31.8 million) from RMB142.2 million in the same period of 2018. Non-GAAP[1] net income attributable to X Financial shareholders in the first quarter of 2019 increased by 39.4% to RMB255.8 million (US$38.1 million) from RMB183.5 million in the same period of 2018. Net revenue in the first quarter of 2019 decreased by 1.6% to RMB776.4 million (US$115.7 million) from RMB788.7 million in the same period of 2018. Income from operations in the first quarter of 2019 increased by 11.7% to RMB279.1 million (US$41.6 million) from RMB249.8 million in the same period of 2018. Basic and dilute
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