Yintech Investment Holdings Limited (YIN) Reports Q2 EPS of RMB3.50; Guides Q3 Revenue

August 24, 2016 7:10 AM EDT
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Yintech Investment Holdings Limited (NASDAQ: YIN) reported Q2 EPS of RMB3.50, versus RMB2.60 reported last year. Revenue for the quarter came in at RMB507.4 million, versus RMB350 million reported last year.

On August 24, 2016, the Company announced that it had entered into a definitive agreement to acquire a 100% stake in Gold Master (HK) Company Limited (“Gold Master”), the largest online commodity trading service provider on the Shanghai Gold Exchange and the second largest services provider nationwide after Yintech by customer trading volume in 2015.

GUIDANCE:

Yintech Investment Holdings Limited sees FY2016 revenue of RMB570-620 million.

For earnings history and earnings-related data on Yintech Investment Holdings Limited (YIN) click here.



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