Qifu Technology Expects Q2 Adjusted Net Income of RMB1.22B-RMB1.28B, up by 6.4%-11.6% YoY

Business Outlook

As macro-economic uncertainties continue to create headwinds to its operations, the Company intends to maintain a prudent approach in its business planning. The management will continue to purposely trim exposure to under-performing assets and focus on enhancing the profitability and efficiency of the Company's operations. As such, for the second quarter of 2024, the Company expects to generate a net income between RMB1.17 billion and RMB1.23 billion, representing a year-on-year growth between 7.0% and 12.5% and a non-GAAP net income*15 between RMB1.22 billion and RMB1.28 billion, representing a year-on-year growth between 6.4% and 11.6%. This outlook reflects the Company's current and preliminary views, which is subject to material changes.