FinVolution Group - ADR

+0.02 (+0.31%)
Other Pre-Announcement

Finvolution Group Reports Q4 2020 Unaudited Financial Results

Published: 03/11/2021 07:31 GMT
FinVolution Group - ADR (FINV) - Reports Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results.
Q4 Revenue Rose 50.3 Percent to Rmb 1.853 Billion.
Q4 Net Profit Was Rmb497.3 Million (us$76.2 Million).
Holds a Cautiously Optimistic View on Its Operations and Anticipates a Steady Growth in Its Loan Origination Volume in 2021.2021 Loan Origination Volume Expected to Be in Range of Rmb100 Billion to Rmb120 Billion.
Net Interest Income Decreased by 35.5% to Rmb204.3 Million (us$31.3 Million) for Q4.
Qtrly Net Profit per Ordinary Share $0.05.