Brief: X Financial Q2 Net Income Per Diluted ADS RMB1.86 (US$0.27)

X Financial

19/08/2019 24:19

Aug 18 (Reuters) - X Financial  XYF.N :
    * REPORTS SECOND QUARTER 2019 UNAUDITED FINANCIAL RESULTS
    * Q2 REVENUE FELL 23.6 PERCENT TO RMB 809.6 MILLION
    * QTRLY NET INCOME INCREASED BY 0.8% TO RMB303.6 MILLION (US$44.2 MILLION) FROM RMB301.1
MILLION
IN SAME PERIOD OF 2018
    * QTRLY NON-GAAP NET INCOME DECREASED BY 0.01% TO RMB342.5 MILLION (US$49.9 MILLION) FROM
RMB342.6
MILLION IN SAME PERIOD OF 2018
    * QTRLY NET INCOME PER BASIC AND DILUTED ADS WERE RMB1.94 (US$0.28) AND RMB1.86 (US$0.27)
RESPECTIVELY
    * X FINANCIAL CURRENTLY EXPECTS TOTAL LOAN FACILITATION FOR Q3 OF 2019 TO BE APPROXIMATELY
RMB10,500 MILLION
    * CASH AND CASH EQUIVALENTS WAS RMB931.0 MILLION (US$135.6 MILLION) AS OF JUNE 30, 2019,
COMPARED
WITH RMB1,555.4 MILLION AS OF MARCH 31, 2019

Source text for Eikon:  ID:nPn1gNg0Ha 
Further company coverage:  XYF.N 

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