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FinVolution is a thriving fintech company which is poised to benefit from the growth in China's middle class population and strong economy. The company grew its total transaction volume by 25% year over year to $7 billion (RMB 48.6B).
The firm announced this week that its CEO was leaving the company. FinVolution reported a mixed bag for its fourth-quarter earnings.
FinVolution posted revenue gains in the fourth quarter but saw net profits decline year over year. The company announced the CEO's resignation on Tuesday, as well as his replacement.
FinVolution Group (NYSE:FINV ) Q4 2022 Earnings Conference Call March 14, 2023 8:30 PM ET Company Participants Jimmy Tan - Head, IR Tiezheng Li - CEO Jiayuan Xu - CFO Conference Call Participants Alex Ye - UBS Yada Li - CICC Thomas Chong - Jefferies Operator Hello, ladies and gentlemen, thank you for participating in the Fourth Quarter and Full Year 2022 Earnings Conference Call for FinVolution Group. [Operator Instructions].
-Earnings Call Scheduled for 8:30 p .m. ET on March 14, 2023- SHANGHAI , March 1, 2023 /PRNewswire/ – FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it will report its fourth quarter and fiscal year 2022 unaudited financial results, on Tuesday, March 14, 2023, after the close of U.S. markets.
Sarah Ketterer (Trades, Portfolio), the CEO and fundamental portfolio manager of Causeway Capital Management, recently released the firm's 13F portfolio updates for the fourth quarter of 2022, which ended on Dec. 31.
Assuming geo-political turbulences, any attempt of building a Chinese-oriented portfolio has to factor in the volatility and can lend to market timing. Chinese consumer finance FinVolution is a boring business but flying under the radar often means outsized returns for investors.
With the majority of its business in China, rolling COVID-19 lockdowns could cause uneven results in any one quarter. FinVolution Group's transition to higher quality borrowers is starting to pay off.
FinVolution Group (NYSE:FINV ) Q3 2022 Earnings Conference Call November 14, 2022 7:30 PM ET Company Participants Jimmy Tan - Head, IR Feng Zhang - CEO Jiayuan Xu - CFO Conference Call Participants Yada Li - CICC Alex Ye - UBS Frank Zheng - Crédit Suisse Thomas Chong - Jefferies Operator Hello, ladies and gentlemen. Thank you for participating in the third quarter 2022 Earnings Conference Call for FinVolution Group.
-Earnings Call Scheduled for 7:30 p .m. ET on November 14, 2022- SHANGHAI , Nov. 2, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it will report its third quarter 2022 unaudited financial results, on Monday, November 14, 2022, after the close of U.S. markets.