Qifu Technology Announces Third Quarter 2024 Unaudited Financial Results and Launches A New US$450 Million Share Repurchase Plan for 2025
Qifu Technology, Inc - American Depositary Shares (QFIN)
Company Research
Source: GlobeNewswire
SHANGHAI, China, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2024 and launched a new US$450 million share repurchase plan for 2025. Third Quarter 2024 Business Highlights As of September 30, 2024, our platform has connected 162 financial institutional partners and 254.3 million consumers*1 with potential credit needs, cumulatively, an increase of 11.6% from 227.9 million a year ago.Cumulative users with approved credit lines*2 were 55.2 million as of September 30, 2024, an increase of 12.2% from 49.2 million as of September 30, 2023.Cumulative borrowers with successful drawdown, including repeat borrowers was 33.1 million as of September 30, 2024, an increase of 12.6% from 29.4 million as of September 30, 2023.In the third quarter of 2024, financial institutional partners
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News
- Qifu Technology, Inc. (NASDAQ: QFIN) had its price target raised by analysts at Citigroup Inc. from $31.44 to $37.50. They now have a "buy" rating on the stock.MarketBeat
- Qifu Technology to Announce Third Quarter 2024 Unaudited Financial Results on November 19, 2024GlobeNewswire
- Qifu Technology Responds to Short Seller ReportGlobeNewswire
QFIN
Earnings
- 11/19/24 - Beat
QFIN
Sec Filings
- 11/19/24 - Form 6-K
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- QFIN's page on the SEC website