Summary by Moomoo AI
Yixin Group Limited ('Yixin' or the 'Company') announced its interim financial report on June 30, 2024. During the reporting period, the Company and its subsidiaries (the 'Group') primarily engage in the transaction platform business in China, which includes loan facilitation services, guarantee services, value-added services, and software as a service (SaaS) services, as well as providing financing and leasing services, factoring services, and other car services through its own financing business. In the first half of 2024, the Group achieved revenue of RMB 4.468 billion, a 57% increase compared to the same period last year; gross profit was RMB 2.129 billion, a 50% increase; operating profit was RMB 0.577 billion, a 127% increase; net profit was RMB 0.41 billion, a 54% increase. During the period, the Group continued to expand...Show More