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CNFinance Announces First Half of 2024 Unaudited Financial Results [Yahoo! Finance]

CNFinance Holdings Limited American Depositary Shares, each representing twenty (20) Ordinary Shares (CNF) 
Company Research Source: Yahoo! Finance
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 Highlights Total 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 half of 2024 from RMB402.7 million in the same period of 2023. "In response to macroeconomic uncertainties, we concentrated on st Show less Read more
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