FinVolution Group (FINV) announced a profit for first quarter that Drops, from last year
The company's earnings totaled RMB415.06 million, or RMB1.65 per share. This compares with RMB746.41 million, or RMB2.84 per share, last year.
Excluding items, FinVolution Group reported adjusted earnings of RMB453.24 million or RMB1.80 per share for the period.
The company's revenue for the period fell 7.8% to RMB3.210 billion from RMB3.481 billion last year.
FinVolution Group earnings at a glance (GAAP) :
-Earnings: RMB415.06 Mln. vs. RMB746.41 Mln. last year.-EPS: RMB1.65 vs. RMB2.84 last year.-Revenue: RMB3.210 Bln vs. RMB3.481 Bln last year.
-Guidance:Full year revenue guidance: RMB 11.5 B To RMB 12.9 B
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