Jiayin Technology's stock price closed up 5.31% on Thursday.
Zhitong Finance learned that the stock price of JFIN.US (JFIN.US) closed up 5.31% to $6.55 on Thursday. According to the 2024 Q3 financial report released earlier, the resilient quarterly results contributed to a transaction amount of about 26.7 billion yuan during the quarter, an increase of about 10.3% over the previous year, exceeding the guideline's expectations and reaching a record high. In the first three quarters, revenue of 4.397 billion yuan was achieved, up 13.74% year-on-year, maintaining a double-digit growth rate. Shareholders' net profit was 0.781 billion yuan, and the net interest rate was 17.76%. The company expects the amount of facilitated loans to reach no less than $25 billion in the fourth quarter of 2024. Based on this, the amount of facilitated loans for the whole year will exceed $98.2 billion, an increase of more than 11.5% over the previous year.
