Chinese fintech Jiayin Group rises on higher Q3 profit
22/11/2023 14:46
** Shares of Chinese fintech firm Jiayin Group JFIN.O rise
~1.4% to $5.85
** Co posts Q3 net income per ADS of 6.03 yuan vs. 4.60 yuan
a year ago
** Q3 revenue jumps 64% to 1.47 bln yuan ($203.85 million)
** Co sees Q4 loan facilitation volume at about 20 bln yuan
** JFIN approves cash dividend per ADS of 40 cents
** Up to last close, stock up ~150.9% YTD
($1 = 7.2111 Chinese yuan renminbi)
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com))
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