{"id":136750,"date":"2021-08-25T16:21:22","date_gmt":"2021-08-25T16:21:22","guid":{"rendered":"https:\/\/precoinnews.com\/?p=136750"},"modified":"2021-08-25T16:21:22","modified_gmt":"2021-08-25T16:21:22","slug":"jiayin-group-gains-14-as-quarterly-earnings-sales-improve","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/jiayin-group-gains-14-as-quarterly-earnings-sales-improve\/","title":{"rendered":"Jiayin Group Gains 14% As Quarterly Earnings, Sales Improve"},"content":{"rendered":"
Shares of Chinese fintech platform Jiayin Group Inc. (JFIN) are rising more than 14% Wednesday morning after reporting improved second quarter results. <\/p>\n
Net income in the second quarter increased 208.5% to RMB126.83 million or $19.64 million from RMB40.64 million in the same period a year ago.<\/p>\n
Net income per share was RMB0.59 or $0.09 compared with RMB0.19 last year.<\/p>\n
Revenue for the quarter increased 100.%year-over-year to RMB492.17 million or $76.23 million, helped by 153% growth in loan origination volume.<\/p>\n
JFIN is at $4.49 currently. It has traded in the range of $2.47- $14.95 i the last 52 weeks. <\/p>\n