Qifu Technology Posts Strong Q4 Net Income, Shares Rise 4%

MT Newswires Live03-17

Qifu Technology (HKG:3660) reported a net income attributable to shareholders of 1.91 billion yuan for three months ended Dec. 31, 2024, compared to 1.11 billion yuan a year earlier, according to a Monday filing with the Hong Kong bourse.

Earnings per share were 6.62 yuan, compared to 3.44 yuan from the prior year period. Ten analysts from Visible Alpha expected the EPS to be 12.78 yuan.

Revenue was 4.48 billion yuan, compared to 4.49 billion yuan a year earlier. Visible Alpha estimates expected the revenue to be 4.14 billion yuan.

The board approved a dividend of $0.35 per share.

The technology services company's shares are up by 4% in the early trading.

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