Jiayin Group's stock price rose by 5.31% on Thursday.
Zhitong Finance reports that Jiayin Group (JFIN.US) shares closed up 5.31% at $6.55 on Thursday. The recently released Q3 2024 Earnings Reports show resilience in quarterly performance, with facilitative Trade amounting to approximately 26.7 billion yuan, a year-on-year increase of about 10.3%, exceeding guidance expectations and setting a historical high. In the first three quarters, revenue reached 4.397 billion yuan, a year-on-year increase of 13.74%, maintaining double-digit growth, with Shareholder Net income of 0.781 billion yuan and a net margin of 17.76%. The company expects that the amount of facilitated loans in the fourth quarter of 2024 will reach no less than 25 billion yuan; based on this, the total amount of facilitated loans for the year will exceed 98.2 billion yuan, a year-on-year increase of over 11.5%.