Brief: Yirendai Reports First Quarter 2019 Financial Results

Yiren Digital

11/07/2019 01:43

July 10 (Reuters) - Yirendai Ltd  YRD.N :
    * YIRENDAI REPORTS FIRST QUARTER 2019 FINANCIAL RESULTS AND
ANNOUNCES THE SUCCESSFUL CLOSING OF BUSINESS REALIGNMENT
TRANSACTIONS WITH CREDITEASE
    * Q1 REVENUE RMB 1.98 BILLION VERSUS RMB 3.765 BILLION
    * TOTAL LOAN ORIGINATIONS IN Q1 OF 2019 REACHED RMB 10.9
BILLION
(US$1.6 BILLION), REPRESENTING A DECREASE OF 45% FROM RMB 19.8
BILLION IN Q1 OF 2018
    * SAYS  DILUTED INCOME PER ADS IN Q1 OF 2019 WAS RMB 3.96
(US$0.59), COMPARED TO RMB 5.77 IN SAME PERIOD LAST YEAR

Source text for Eikon:  ID:nGNX5q3kQs 
Further company coverage:  YRD.N 

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