X Financial Reports Fourth Quarter and Fiscal Year 2018 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, March 18, 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 fourth quarter and fiscal year ended December 31, 2018.Fourth Quarter 2018 Financial HighlightsNet revenue in the fourth quarter of 2018 increased by 18.3% to RMB862.9 million (US$125.5 million) from RMB729.2 million in the same period of 2017. Income from operations in the fourth quarter of 2018 increased by 20.9% to RMB287.8 million (US$41.9 million) from RMB238.1 million in the same period of 2017. Net income attributable to the Company in the fourth quarter of 2018 increased by 52.7% to RMB241.9 million (US$35.2 million) from RMB158.5 million in the same period of 2017. Non-GAAP net income[1] in the fourth quarter of 2018 increased by 45.1% to RMB280.4 million (US$40.8 million) from RMB193.3 million in the same period of 2017. Basic and diluted earnings per American
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