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Jiayin Group Q3 Net Income Declines - Quick Facts

November 20, 2024 — 06:30 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - Jiayin Group (JFIN) reported third quarter net income of RMB 269.6 million, a decrease of 16.8% from the same period of 2023. Net income per ADS was RMB 5.08 compared with RMB 6.04. Net revenue was RMB 1.44 billion, a decrease of 1.5% from the same period of 2023. Loan facilitation volume was RMB 26.7 billion, an increase of 10.3%.

The company expects its loan facilitation volume for the fourth quarter of 2024 to reach no less than RMB 25 billion.

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