trending Market Intelligence /marketintelligence/en/news-insights/trending/xm6hZjEg_-yGpWuTNOUdcg2 content esgSubNav
In This List

Sunny Loan Top Q1 profit climbs YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Sunny Loan Top Q1 profit climbs YOY

Sunnyloantop Co.,Ltd said its normalized net income for the first quarter amounted to 4 fen per share, an increase from 4 fen per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 20.0 million yuan, an increase from 19.3 million yuan in the year-earlier period.

The normalized profit margin declined to 6.5% from 7.7% in the year-earlier period.

Total revenue increased 23.1% on an annual basis to 310.6 million yuan from 252.3 million yuan, and total operating expenses increased 24.4% on an annual basis to 275.2 million yuan from 221.2 million yuan.

Reported net income increased 10.6% year over year to 23.3 million yuan, or 5 fen per share, from 21.0 million yuan, or 5 fen per share.

As of April 29, US$1 was equivalent to 6.20 yuan.