Qudian made a net profit of RMB 1,143 mil under revenues of RMB 1,935 mil in the second quarter of 2019, up 57.9% and 49.3% respectively when compared to the same period last year.
Historically, the bank’s net profit reached an all time high of RMB 1,143 mil in 2Q2019 and an all time low of RMB -103 mil in 4Q2015. The average profit in the last six quarters amounted to RMB 764 mil.
On the other hand, bank’s revenues amounted to an all time high of RMB 1,935 mil in 2Q2019 and an all time low of RMB 19.5 mil in 3Q2015. The average revenues in the last six quarters reached RMB 1,455 mil.