CNFinance Holdings Ltd. (CNF) Tops Q1 EPS by 10c

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Go back to CNFinance Holdings Ltd. (CNF) Tops Q1 EPS by 10c

CNFinance Announces First Quarter 2022 Unaudited Financial Results

May 26, 2022 6:12 AM EDT

GUANGZHOU, China, May 26, 2022 /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, 2022.

First Quarter 2022 Operational and Financial Highlights

Total loan origination volume[1] was RMB2.3 billion (US$357.7 million) during the first quarter of 2022, representing a decrease of 17.9% from RMB2.8 billion in the same period of 2021.Total outstanding loan principal[2] was RMB9.6 billion (US$1.5... More