Reported Monday, CNFinance Increases Share Repurchase Authorization To $30M
As of May 27, 2024, CNFinance has repurchased approximately US$18.5 million of its ADSs.
As of May 27, 2024, CNFinance has repurchased approximately US$18.5 million of its ADSs.
GUANGZHOU, China, Aug. 27, 2024 /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 half of 2024 ended June 30, 2024. First Half of 2024 Operational and Financial Highlights Total outstanding loan principal[1] was RMB16.0 billion (US$2.2 billion) as of June 30, 2024, representing an increase of 9.6% from RMB14.6 billion as of June 30, 2023.Total interest and fees income were RMB926.5 million (US$127.5 million) in the first half of 2024, representing an increase of 4.7% from RMB884.5 million in the same period of 2023.Net revenue under the comm
GUANGZHOU, China, Aug. 21, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will report its unaudited financial results for the first half of 2024, before U.S. markets open on Tuesday, August 27, 2024. CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, August 27, 2024 (8:00 PM Beijing/ Hong Kong Time on Tuesday, August 27, 2024). Dial-in numbers for the live conference call are as follows: International: +1-412-902-4272 Mainland China +86-4001-201203 United States: +1-888-346-8982 Hong Kong: +852-301-84992 Passcode: CNFina
GUANGZHOU, China, May 27, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its board of directors has increased its share repurchase authorization to US$30.0 million, expanding the USD$20.0 million share repurchase authorization granted in March 2022, commencing on May 27, 2024. In March 2022, the Company's board of directors authorized a share repurchase program under which the Company may repurchase up to US$20.0 million of its ordinary shares in the form of American depositary shares ("ADSs") during a period of up to 12 months. In March 2023, the Company's board of directors has
6-K - CNFinance Holdings Ltd. (0001733868) (Filer)
6-K - CNFinance Holdings Ltd. (0001733868) (Filer)
6-K - CNFinance Holdings Ltd. (0001733868) (Filer)
SC 13G/A - CNFinance Holdings Ltd. (0001733868) (Subject)
SC 13G/A - CNFinance Holdings Ltd. (0001733868) (Subject)
SC 13G/A - CNFinance Holdings Ltd. (0001733868) (Subject)
GUANGZHOU, China, Aug. 27, 2024 /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 half of 2024 ended June 30, 2024. First Half of 2024 Operational and Financial Highlights Total outstanding loan principal[1] was RMB16.0 billion (US$2.2 billion) as of June 30, 2024, representing an increase of 9.6% from RMB14.6 billion as of June 30, 2023.Total interest and fees income were RMB926.5 million (US$127.5 million) in the first half of 2024, representing an increase of 4.7% from RMB884.5 million in the same period of 2023.Net revenue under the comm
GUANGZHOU, China, Aug. 21, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will report its unaudited financial results for the first half of 2024, before U.S. markets open on Tuesday, August 27, 2024. CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, August 27, 2024 (8:00 PM Beijing/ Hong Kong Time on Tuesday, August 27, 2024). Dial-in numbers for the live conference call are as follows: International: +1-412-902-4272 Mainland China +86-4001-201203 United States: +1-888-346-8982 Hong Kong: +852-301-84992 Passcode: CNFina
GUANGZHOU, China, March 28, 2024 /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 fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter 2023 Operational and Financial Highlights Total outstanding loan principal[1] was RMB16.0 billion (US$2.2 billion) as of December 31, 2023, representing an increase of 17.6% from RMB13.6 billion as of December 31, 2022.Net interest and fees income were RMB257.9 million (US$36.4 million) in the fourth quarter of 2023, representing an increase of 1.8% from RMB253.3 million in the same period of 202
As of May 27, 2024, CNFinance has repurchased approximately US$18.5 million of its ADSs.
CNFinance Hldgs (NYSE:CNF) reported quarterly earnings of $0.04 per share which beat the analyst consensus estimate of $0.01 by 300 percent. This is a 33.33 percent decrease over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $67.66 million which beat the analyst consensus estimate of $65.41 million by 3.44 percent. This is a 2.66 percent increase over sales of $65.90 million the same period last year.
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