X Financial (XYF) Tops Q3 EPS by 10c

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X Financial Reports Third Quarter 2018 Unaudited Financial Results

November 19, 2018 5:00 PM EST

SHENZHEN, China, Nov. 19, 2018 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading technology-driven personal finance company in China, today announced its unaudited financial results for the third quarter ended September 30, 2018.

Third Quarter 2018 Financial Highlights

Net revenue in the third quarter of 2018 increased by 83% to RMB829.5 million (US$120.8 million) from RMB452.8 million in the same period of 2017. Income from operations in the third quarter of 2018 increased by 89% to RMB274.5 million (US$40.0 million) from RMB 145.2 million in the same period of 2017. Net... More