Qifu Technology Expects Q2 Adjusted Net Income of RMB1.22B-RMB1.28B, up by 6.4%-11.6% YoY
Portfolio Pulse from Benzinga Newsdesk
Qifu Technology expects its Q2 2024 adjusted net income to be between RMB1.22 billion and RMB1.28 billion, reflecting a year-on-year growth of 6.4% to 11.6%. The company plans to maintain a prudent approach due to macro-economic uncertainties, focusing on profitability and efficiency.
May 20, 2024 | 8:58 am
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Qifu Technology expects Q2 2024 adjusted net income to grow by 6.4%-11.6% YoY, indicating strong financial performance despite macro-economic uncertainties. The company will focus on profitability and efficiency.
The projected growth in adjusted net income indicates strong financial performance, which is likely to positively impact QFIN's stock price in the short term. The company's focus on profitability and efficiency amid economic uncertainties further supports this positive outlook.
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