Brief: Lexinfintech Holdings Reports Q1 Revenue RMB 2.5 Billion Versus RMB 1.775 Billion

LexinFintech Holdings

04/06/2020 05:10

June 4 (Reuters) - Lexinfintech Holdings Ltd  LX.O :
    * . REPORTS FIRST QUARTER 2020 UNAUDITED FINANCIAL RESULTS
    * Q1 REVENUE RMB 2.5 BILLION VERSUS RMB 1.775 BILLION
    * LEXINFINTECH HOLDINGS - NUMBER OF NEW ACTIVE USERS WHO
USED LOAN
PRODUCTS IN Q1 WAS 965 THOUSAND,  INCREASE OF 37.0% FROM 705
THOUSAND IN Q1 OF 2019
    * LEXINFINTECH HOLDINGS - Q1 NUMBER OF ACTIVE USERS WHO USED
LOAN
PRODUCTS REACHED 6.4 MILLION, REPRESENTING AN INCREASE OF 99.1%
FROM 3.2 MILLION IN Q1 2019
    * Q1 GMV OF E-COMMERCE CHANNEL AMOUNTED TO RMB1.2 BILLION,
REPRESENTING A DECREASE OF 28.5% FROM RMB1.7 BILLION IN Q1 OF
2019
    * QTRLY NET LOSS PER SHARE RMB 1.87
    * QTRLY NET LOSS PER ADS RMB 3.73
    * OPERATING REVENUE INCREASED FROM RMB1,775 MILLION IN Q1 OF
2019
TO RMB2,500 MILLION IN Q1 OF 2020
    * EXPECTS Q2 LOAN ORIGINATIONS TO BE OVER RMB38 BILLION

Source text for Eikon:  ID:nGNX4PDx1F 
Further company coverage:  LX.O 

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