CNFinance Holdings Ltd. (CNF) Reports Q4 EPS of $0.12

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CNFinance Announces Fourth Quarter 2019 and Fiscal Year 2019 Unaudited Financial Results

March 16, 2020 7:17 AM EDT

GUANGZHOU, China, March 16, 2020 /PRNewswire/ -- CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2019.

Fourth Quarter 2019 Operational and Financial Highlights

Total loan origination volume[1] was RMB2.0 billion during the fourth quarter of 2019, representing an increase of 81.8% from RMB1.1 billion in the same period of 2018. Total number of transactions[2] was 4,284 during the fourth quarter of 2019, representing an increase of 83.5% from... More