Yixin Group Posts 5% Growth in Loan Deals for Q3

MT Newswires Live

2024/12/04

Yixin Group (HKG:2858) financed nearly 192,000 automobile transactions at about 18.5 billion yuan in the third quarter of 2024, 5.2% higher than the same period last year, according to a Wednesday filing with the Hong Kong bourse.

The group's fintech (SaaS) business facilitated a financing amount of around 5.6 billion yuan in the three months ended Sept. 30, 87.2% higher than the year-ago period.

The value-added services segment logged some 91,000 thousand transactions during the reporting period, marking a 5.4% growth over the corresponding quarter of 2023, the filing added.

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