360 Finance Announces First Quarter 2019 Unaudited Financial Results
Qifu Technology, Inc - American Depositary Shares (QFIN)
Company Research
Source: GlobeNewswire
SHANGHAI, May 20, 2019 (GLOBE NEWSWIRE) -- 360 Finance, Inc. (QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced its unaudited financial results for the first quarter ended March 31, 2019. First Quarter Operational Highlights Loan origination volume*1 was RMB41,202 million, an increase of 179% from RMB14,773 million in the same period of 2018, and an increase of 25% from RMB33,008 million in the fourth quarter of 2018.Outstanding loan balance*2 was RMB52,578 million as of March 31, 2019, an increase of 203% from RMB17,334 million as of March 31, 2018, and an increase of 22% from RMB43,077 million as of December 31, 2018.The weighted average tenor of loans originated was approximately 8.01 months, compared with 8.31 months in the same period of 2018, and 8.37 months in the fourth quarter of 2018.Users with approved credit lines*3 was 16.03 million as of March 31, 2019, an increase of 245% from 4.65 million as of March 31, 2018, and
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- 11/19/24 - Form 6-K
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- 11/14/24 - Form SC
- QFIN's page on the SEC website