Lexin FinTech made a net profit of RMB 628 mil under revenues of RMB 1,447 mil in the second quarter of 2019, down 5.4% and up 22.8% respectively when compared to the same period last year.
Historically, the bank’s net profit reached an all time high of RMB 688 mil in 4Q2018 and an all time low of RMB -71.2 mil in 1Q2016. The average profit in the last six quarters amounted to RMB 505 mil.
On the other hand, bank’s revenues amounted to an all time high of RMB 1,447 mil in 2Q2019 and an all time low of RMB 84.8 mil in 1Q2016. The average revenues in the last six quarters reached RMB 1,123 mil.