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Qifu Technology Reports 2024 Financial Results and Dividend Increase

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Qifu Technology Reports 2024 Financial Results and Dividend Increase

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360 DigiTech, Inc. Class A ( (HK:3660) ) just unveiled an update.

Qifu Technology, Inc. announced its unaudited financial results for the fourth quarter and full year of 2024, revealing an increase in the number of connected financial partners and consumers with approved credit lines. The company also reported a rise in cumulative borrowers and loan origination volume, despite a slight decrease in the total outstanding loan balance compared to the previous year. The announcement highlights the company’s strategic focus on its capital-light model and technology solutions, which now represent a significant portion of its loan volume.

More about 360 DigiTech, Inc. Class A

Qifu Technology, Inc. is a leading AI-empowered Credit-Tech platform based in China. The company specializes in connecting financial institutions with consumers who have potential credit needs, leveraging big data and cloud computing technology to facilitate loan origination and credit services.

YTD Price Performance: 8.59%

Average Trading Volume: 2,401

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$52.29B

See more data about 3660 stock on TipRanks’ Stock Analysis page.

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