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Stock impact report

X Financial Reports Fourth Quarter and Fiscal Year 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 Check Earnings Report
Company Research Source: PR Newswire
SHENZHEN, China, April 27, 2020 /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, 2019.Fourth Quarter 2019 Financial HighlightsNet revenues in the fourth quarter of 2019 decreased by 22.9% to RMB665.1 million (US$95.5 million) from RMB862.9 million in the same period of 2018. Income from operation in the fourth quarter of 2019 decreased by 64.5% to RMB102.2 million (US$14.7 million) from RMB287.8 million in the same period of 2018. Net income attributable to X Financial shareholders in the fourth quarter of 2019 decreased by 67.1% to RMB79.7 million (US$11.4 million) from RMB241.9 million in the same period of 2018. Non-GAAP[1] adjusted net income attributable to X Financial shareholders in the fourth quarter of 2019 decreased by 58.2% to RMB117.2 million (US$16.8 million) from RMB280.4 million in the sa Show less Read more
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