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CNFinance Holdings Q3 EPS $0.09 Up From $0.04 YoY, Total Interest And Fees Income $58.6M

Author: Bill Haddad | November 22, 2022 07:32am

Third Quarter 2022 Operational and Financial Highlights

Total loan origination volume[1] was RMB3,871.2 million (US$544.2 million) in the third quarter of 2022, compared to RMB3,117.5 million in the same period of 2021.
Total outstanding loan principal[2] was RMB10.5 billion (US$1.5 billion) as of September 30, 2022, compared to RMB10.4 billion as of December 31, 2021.
Total interest and fees income were RMB416.9 million (US$58.6 million) in the third quarter of 2022, compared to RMB457.0 million in the same period of 2021.
Net income was RMB46.0 million (US$6.6 million) in the third quarter of 2022, compared to RMB19.0 million in the same period of 2021.
Basic and diluted earnings per ADS were RMB0.70 (US$0.10) and RMB0.64 (US$0.09), respectively, in the third quarter of 2022, compared to RMB0.28 and RMB0.25, respectively, in the same period of 2021.

Posted In: CNF