Yiren Digital Ltd. (YRD) released a profit for second quarter that Dropped, from the same period last year
The company's earnings came in at RMB357.540 million, or RMB2.053 per share. This compares with RMB409.528 million, or RMB2.344 per share, last year.
The company's revenue for the period rose 10.4% to RMB1.652 billion from RMB1.496 billion last year.
Yiren Digital Ltd. earnings at a glance (GAAP) :
-Earnings: RMB357.540 Mln. vs. RMB409.528 Mln. last year.-EPS: RMB2.053 vs. RMB2.344 last year.-Revenue: RMB1.652 Bln vs. RMB1.496 Bln last year.
Net income per ADS stood at RMB 4.1072 as against the prior year’s RMB 4.6880 per ADS.
For the first half, the company will pay a cash dividend of $0.22 per ADS on or about October 15 to holders of the shares and ADSs of record as of September 30.
Looking ahead, for the third quarter, Yiren Digital expects revenue of RMB1.4 billion to RMB1.6 billion, driven by loan growth from domestic and international markets, and further market penetration into new customer segments.
For the third quarter of fiscal 2024, the company had reported revenue of RMB 1.479 billion.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.