CNFinance Announces First Quarter 2021 Unaudited Financial Results
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CNFinance Holdings Ltd. (CNF) Reports Q1 EPS of $0.18
May 27, 2021 6:03 AM EDTCNFinance Holdings Ltd. (NYSE: CNF) reported Q1 EPS of $0.18. Revenue for the quarter came in at $64.69 million versus the consensus estimate of $68.76 million.
First Quarter 2021 Operational and Financial Highlights
Total loan origination volume[1] was RMB2,841.8 million (US$432.5 million) during the first quarter of 2021, among which RMB1,063.1 million was first lien loan and RMB1,778.7 million was second lien loan.Total outstanding loan principal[2] was RMB10.3 billion as of March 31, 2021, compared to RMB9.7 billion as of December 31, 2020. Under the collaboration model, the outstanding first lien loan principal... More