Cnfinance holdings reports quarterly earnings per ads rmb 0.81(us$0.12)

Q4 collaboration cost for sales partners was rmb 75.8 million .cnfinance announces fourth quarter 2019 and fiscal year 2019 unaudited financial results.cnfinance holdings - total loan origination volume was rmb2.0 billion in q4 2019, representing increase of 81.8% from rmb1.1 billion in same period of 2018.cnfinance holdings- total number of transactions was 4,284 during q4 of 2019, representing an increase of 83.5%.cnfinance holdings - basic and diluted earnings per ads were rmb0.89 (us$0.13) and rmb0.81(us$0.12), respectively, in q4 of 2019.expect 2020 to be a challenging year for cnfinance.after taking into consideration of covid-19 outbreak, expect to be breakeven in q1 2020.cnfinance holdings - covid-19 outbreak may have material adverse effect on china's real estate market, which may increase risks of loans co facilitates.covid-19 outbreak will affect the operation of mses whose owners are our main customers.
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