CNFinance Holdings Ltd. (CNF) Reports Q3 EPS of $0.10

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CNFinance Announces Third Quarter of 2020 Unaudited Financial Results

November 23, 2020 4:00 PM EST

GUANGZHOU, Nov. 23, 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 third quarter ended September 30, 2020.

Third Quarter 2020 Operational and Financial Highlights

Total loan origination volume[1] was RMB3,093.4 million (US$454.2 million) during the third quarter of 2020, compared to RMB1,708.8 million in the same period of 2019. Total outstanding loan principal[2] was RMB10.4 billion (US$1.5 billion) as of September 30, 2020, compared to RMB11.3 billion as of December 31, 2019.... More