LexinFintech Reports Strong 2023 Financial Growth

Lexinfintech (LX) has released an update.

LexinFintech Holdings Ltd. has reported a strong financial performance for the fourth quarter and full year of 2023, with total loan origination growing by 21.9% year-over-year and net profits excluding investment impairments up by 56.2%. The company welcomed a new Chief Risk Officer, Qiao Zhanwen, and declared a dividend payout of US$0.066 per ADS for the second half of 2023. Despite a decrease in active users, LexinFintech remains focused on high-quality growth and value creation for shareholders, with a commitment to maintaining or increasing dividends in the future.

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