On November 14th, Lujin Holdings Limited released its financial report for the third quarter of 2023. Data shows that Lujin Holdings continues to promote agile operations and cost control, with a year-on-year decrease of 30.1% in total expenses in the third quarter, achieving a net profit of 131 million yuan.
As of September 30th, Lujin Holdings has served approximately 20 million customers, with a loan balance of 366.3 billion yuan, and a new loan of 50.5 billion yuan was added in the third quarter. In addition, in the third quarter, the consumer finance business increased loans by 20.6 billion yuan, an increase of 15.3% month on month and 48.5% year-on-year. The non-performing loan ratio decreased from 2.2% in the second quarter to 1.9%.