Yiren Digital Ltd Expects Q4 Revenue of RMB1.0B-RMB1.3B
Portfolio Pulse from Benzinga Newsdesk
Yiren Digital Ltd anticipates its Q4 2023 revenue to range from RMB1.0 billion to RMB1.3 billion, with a stable net profit margin based on preliminary assessments of business and market conditions.
November 21, 2023 | 10:15 am
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Yiren Digital Ltd expects its Q4 2023 revenue to be between RMB1.0 billion and RMB1.3 billion, with a stable net profit margin.
The company's projection of stable revenue and net profit margin is a positive signal to investors, suggesting that Yiren Digital Ltd is maintaining its financial health. This news is likely to be viewed favorably by the market, potentially leading to a short-term increase in the stock price.
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