Brief: Lexinfintech Holdings Q1 Adjusted Net Income Per ADS RMB3.44

LexinFintech Holdings

17/05/2019 10:13

May 17 (Reuters) - Lexinfintech Holdings Ltd  LX.O :
    * . REPORTS FIRST QUARTER 2019 UNAUDITED FINANCIAL RESULTS
    * Q1 REVENUE RMB 2.0 BILLION VERSUS RMB 1.6 BILLION
    * TOTAL LOAN ORIGINATIONS IN Q1 OF 2019 REACHED RMB20.1
BILLION,
AN INCREASE OF 35.6% FROM RMB14.8 BILLION IN Q1 OF 2018
    * NUMBER OF ACTIVE USERS IN Q1 OF 2019 REACHED 3.2 MILLION,
REPRESENTING AN INCREASE OF 22.4% FROM 2.6 MILLION IN Q1 OF 2018
    * Q1 ADJUSTED NET INCOME PER ADS WAS RMB3.44
    * Q1 NET INCOME PER ADS RMB 3.22
    * CONTINUES TO EXPECT TOTAL LOAN ORIGINATIONS FOR FISCAL
YEAR 2019
TO BE ABOUT RMB90 BILLION TO RMB100 BILLION
    * Q1 GMV OF E-COMMERCE CHANNEL RMB1.7 BILLION, UP 41.8% FROM
RMB1.2 BILLION IN THE FIRST QUARTER OF 2018

Source text for Eikon:  ID:nGNX389617 
Further company coverage:  LX.O 

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