CNFinance Holdings Ltd. (CNF) Reports Q1 EPS of $0.18

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Go back to CNFinance Holdings Ltd. (CNF) Reports Q1 EPS of $0.18

CNFinance Announces First Quarter 2021 Unaudited Financial Results

May 27, 2021 5:47 AM EDT

GUANGZHOU, China, May 27, 2021 /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 first quarter ended March 31, 2021.

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... More