India, June 23 -- On Tuesday, Jiayin Group Inc. (JFIN), a fintech platform in China, reported a slip to loss in the first quarter of 2026, due to lower revenue despite slightly lower operating costs. Furthermore, the company issued outlook for second-quarter transaction volume.
In the pre-market activity on the Nasdaq, the shares were trading 2.02 percent lower at $3.8998, after closing Monday's regular trading 0.75 percent lower.
Net loss for the first quarter was RMB 61.66 million or $8.94 million, compared to a profit of RMB 539.48 million in the same quarter last year. Net loss per share was RMB 0.29 or $0.04, compared to income of RMB 2.53 in the prior year.
Net loss per ADS was RMB 1.16 or $0.16, compared to income of RMB 10.12 in ...