Finvolution's earnings rise, revenue up, net income grows, share buyback and dividend hike
From Stocktwits: 2025-03-17 23:48:17
Finvolution, a Shanghai-based financial technology firm, reported a 30% rise in quarterly earnings, with revenue reaching 3.46 billion yuan for the fourth quarter. The company’s net income was 680.7 million yuan, leading to a 7.6% increase in its stock price after hours. Loan facilitation service fees rose due to an 8.6% increase in transaction volume, with a total of 172.6 million registered users in China. The company also announced a new share buyback program and raised its dividend. Finvolution expects total revenue for 2025 to be between 14.4 billion yuan and 15 billion yuan. Retail sentiment on Stocktwits has turned ‘extremely bullish.’
Read more at Stocktwits: Finvolution Stock Rises After-Hours On Dividend Hike, Share Buyback Plan: Retail’s Ecstatic