Brief: X Financial Reports Qtrly Net Loss Per ADS Was 2.14 Yuan

X Financial

20/08/2020 22:12

Aug 20 (Reuters) - X Financial  XYF.N :
    * REPORTS SECOND QUARTER 2020 UNAUDITED FINANCIAL RESULTS
    * Q2 REVENUE FELL 51 PERCENT TO RMB 387.9 MILLION
    * QTRLY NET LOSS PER ADS WERE RMB 2.14 (US$0.30)
    * QTRLY NON-GAAP ADJUSTED NET LOSS PER ADS WERE RMB 2.04
(US$0.29)
    * CURRENTLY EXPECTS A QUARTER-ON-QUARTER GROWTH OVER 20% IN
TOTAL
LOAN FACILITATION FOR Q3
    * EXPECTS TO BE ABLE TO RESUME THE PROFIT DURING H2 2020

Source text for Eikon:  ID:nPn7b6XNXa 
Further company coverage:  XYF.N 

 ((Reuters.Briefs@thomsonreuters.com;))