Brief: Lexinfintech Holdings Reports Qtrly Net Income Per ADS Of $0.37

LexinFintech Holdings

24/03/2020 08:48

March 24 (Reuters) - Lexinfintech Holdings Ltd  LX.O :
    * LEXINFINTECH HOLDINGS LTD. REPORTS FOURTH QUARTER AND FULL
YEAR
2019 UNAUDITED FINANCIAL RESULTS
    * Q4 REVENUE RMB 3.1 BILLION VERSUS RMB 2.1 BILLION
    * QTRLY NET INCOME PER ADS $ 0.37
    * CO MAINTAINS TOTAL LOAN ORIGINATIONS GUIDANCE FOR FY 2020
OF
BETWEEN RMB170 BILLION AND RMB180 BILLION
    * LEXINFINTECH HOLDINGS - AS SITUATIONS SURROUNDING COVID-19
OUTBREAK IN CHINA AND GLOBALLY CONTINUE TO EVOLVE, BUSINESS
VISIBILITY REMAINS LIMITED
    * LEXINFINTECH - OPERATIONS RETURNING TO NORMAL FROM
INTERRUPTION
CAUSED BY VIRUS OUTBREAK IN CHINA, WHICH NEGATIVELY AFFECTED
ASSET QUALITY IN Q1
    * LEXINFINTECH HOLDINGS - CO EXPECT VINTAGE CHARGE-OFF RATES
WILL
INCREASE OVER THE COURSE OF THE NEXT FEW MONTHS

Source text for Eikon:  ID:nGNX4cY2YQ 
Further company coverage:  LX.O 

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