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Hexindai Reports Unaudited Second Quarter of Fiscal Year 2019 Financial Results

December 3, 2018 7:37 AM EST

BEIJING, Dec. 3, 2018 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace in China, today announced its unaudited financial results for the quarter ended September 30, 2018.

Throughout the release, each ADS represents one ordinary share. Fiscal year refers to the 12 months ended March 31.

Second Quarter of Fiscal Year 2019 Operational Highlights

Total loan volume facilitated(1) was US$33.8 million (RMB0.2 billion) during the second quarter of fiscal year 2019, a decrease of 87.4% from the second quarter... More