Jiayin Group ADRs Slide on Lower Profit, Revenue in 4Q

Dow Jones04-01
 

By Elias Schisgall

 

American depositary receipts of Jiayin Group fell after the Chinese financial technology company posted a lower profit and falling revenue in the fourth quarter.

Jiayin ADRs were down 10%, to $4.29, Tuesday afternoon. They have fallen 69% over the past year.

The company reported a profit of 100.6 million Chinese yuan (about $14.4 million), or CNY1.96 an American depositary share. That compares with a profit of CNY275.5 million, or CNY5.20 an ADS, a year earlier.

Revenue fell to CNY1.09 billion, from CNY1.4 billion a year prior.

For the current first quarter, the company is expecting revenue between CNY18.5 billion and CNY19.5 billion.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

March 31, 2026 14:37 ET (18:37 GMT)

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