CNFinance Announces First Half of 2024 Unaudited Financial Results
CNFinance Holdings Limited American Depositary Shares, each representing twenty (20) Ordinary Shares (CNF)
Company Research
Source: PR Newswire
GUANGZHOU, China, Aug. 27, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the first half of 2024 ended June 30, 2024.First Half of 2024 Operational and Financial HighlightsTotal outstanding loan principal[1] was RMB16.0 billion (US$2.2 billion) as of June 30, 2024, representing an increase of 9.6% from RMB14.6 billion as of June 30, 2023.Total interest and fees income were RMB926.5 million (US$127.5 million) in the first half of 2024, representing an increase of 4.7% from RMB884.5 million in the same period of 2023.Net revenue under the commercial bank partnership model was RMB58.4 million (US$8.0 million) in the first half of 2024, representing an increase of 16.6% from RMB50.1 million in the same period of 2023.Net interest and fees income after collaboration cost increased by 5.3% to RMB424.0 million (US$58.3 million) for the first h
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CNF
Earnings
- 8/27/24 - Miss
CNF
Sec Filings
- 10/30/24 - Form 6-K
- 8/27/24 - Form 6-K
- CNF's page on the SEC website