
QFIN FY25 net income drops to RMB 5.98 billion; net revenue rises 11.9% to RMB 19.21 billion

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QFIN reported a FY25 net income of RMB 5.98 billion, a decrease of 4.36%, while net revenue increased by 11.9% to RMB 19.21 billion. Operating income fell by 11.29% to RMB 6.68 billion due to rising operating costs. Loan facilitation volume rose to RMB 327.1 billion, but the 90-day+ delinquency rate increased to 2.71%. Management attributed these changes to regulatory shifts and macroeconomic uncertainties in China, projecting sufficient cash flow for corporate needs over the next year.
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