Yintech Reports Second Quarter 2018 Unaudited Financial Results
YINTECH INVESTMENT HOLDINGS LTD AMERICAN DEPOS (YIN)
US:NASDAQ Investor Relations:
yintech.net
Company Research
Source: PR Newswire
SHANGHAI, Aug. 24, 2018 /PRNewswire/ -- Yintech Investment Holdings Limited (NASDAQ: YIN) ("Yintech" or the "Company"), a leading provider of investment and trading services for individual customers in China, today announced its unaudited financial results for the quarter ended June 30, 2018.For the second quarter of 2018, Yintech generated revenues of RMB263.3 million (US$39.8 million), compared to RMB268.5 million for the previous quarter. Net commissions and fees from securities services were RMB87.4 million (US$13.2 million), an increase of 93.8% compared to the previous quarter.For the quarter ended% ChangeIn RMB million, except otherwise specifiedJune 30, 2017March 31, 2018June 30, 2018YoYQoQRevenues569.9268.5263.3(53.8%)(1.9%)Net commissions and fees520.5242.6217.9(58.1%)(10.2%)Net commissions and fees from securities services4.545.187.41,842.2%93.8%Net income/(loss) attributable to Yintech85.4(50.3)(48.5)EPS per ADS - diluted (RMB)
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