August 25, 2020 BY Steffy Bogdanova

FinVolution reports $256.3 million net revenue for Q2 and share repurchase program of up to $60 million

Q2 financial highlights include: Net revenue grew by 10.3% to RMB 1,810.5 million ($256.3 million) from RMB 1,641.9 million in the same period during the previous year. Operating profit reached RMB 567.2 million ($80.3 million), 26.1% down from RMB 767.6 million in the Q2 of 2019. Non-GAAP adjusted operating profit, excluding share-based compensation expenses before…

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