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Jiayin Group Soars 10.2% on Strong Q1 Earnings
Generated by AI AgentAinvest Pre-Market Radar
Wednesday, Jun 4, 2025 6:23 am ET1min read
Jiayin Group's stock surged 10.2% in pre-market trading on June 4, 2025, driven by strong first-quarter financial results.
Jiayin Group Inc. reported a significant increase in its first-quarter total loan facilitation volume, which grew by 58.2% to RMB35.6 billion compared to the same period in 2024. This substantial growth in loan facilitation volume reflects the company's expanding market presence and increasing demand for its financial services.
The company also announced a 20.4% increase in net revenue for the first quarter, reaching RMB1,775.6 million. This revenue growth underscores Jiayin Group's ability to capitalize on market opportunities and enhance its financial performance.
Jiayin Group Inc. is scheduled to hold an earnings conference call on June 4, 2025, at 8:00 AM to discuss its first-quarter financial results and provide insights into its future strategies and market outlook.
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