Qifu Technology Posts Strong Q2 Profit; Chairman Resigns

MT Newswires Live08-14

Qifu Technology (HKG:3660) reported a net income attributable to ordinary shareholders of 1.38 billion yuan for the quarter ending June 30, compared with 1.1 billion yuan in the previous year.

Earnings per share were 4.46 yuan, compared with 3.32 yuan in the year-ago quarter.

Total net revenue for the second quarter was 4.16 billion yuan, compared with 3.91 billion yuan in the prior year quarter.

The technology services company also announced an interim dividend of $0.30 per share, payable Oct. 29 to shareholders on record as of Sept. 27.

The company also said its chairman, Hongyi Zhou, resigned due to personal reasons. The board named Fan Zhao as the new chairman of the board, effective Aug. 13.

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