Yirendai (YRD) Reports Q2 EPS of RMB4.46

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Yirendai Reports Second Quarter 2016 Financial Results

August 9, 2016 6:00 PM EDT

BEIJING, Aug. 9, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced its unaudited financial results for the quarter ended June 30, 2016.

Starting from the second quarter of 2016, the Company changed its reporting currency from the U.S. dollar ("US$") to the Renminbi ("RMB"), to reduce the impact of increased volatility of the RMB to US$ exchange rate on the Company's reported operating results. The aligning of the reporting currency with the underlying operations will better depict the Company's results of... More