Jiayin Group (JFIN) has released an update.
Jiayin Group Inc., a leading Chinese fintech platform, reported a significant revenue increase of 67.1% for the fiscal year 2023, reaching RMB5,467 million, with net income also growing by 9.9% to RMB1,298 million. Despite a robust full-year performance, the fourth quarter saw a dip in net income by 31.1% compared to the same period in 2022. The company attributes its annual growth to strategic uses of AI technology, an expanding partnership network, and a focus on risk resilience, and plans to continue rewarding shareholders with dividends.
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