Qutian's net profit for the first quarter of fiscal year 2024 is -73.61 million yuan, a decrease of 117.77% year-on-year.

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On June 13th, Qudian Inc. (Stock Code: QD) announced its financial report, showing that the company’s net profit attributable to common shareholders for the first quarter of fiscal year 2024 was -73.61 million yuan, a decrease of 117.77% year-over-year; operating revenue was 55.84 million yuan, a year-over-year increase of 155.5%.

Qudian Inc. was registered on November 16, 2016, under the laws of the Cayman Islands and is a leading financial technology service company in China. As a connector between financial institutions and users, Qudian is committed to building an open platform ecosystem, leveraging technological capabilities to empower financial institutions by providing financial technology business management systems, full-process technical services, and full-scenario targeted marketing solutions. This helps improve marketing and operational efficiency, enabling financial institutions to efficiently connect a variety of financial products with online traffic across all scenarios. On October 18, 2017, Qudian Group was listed on the New York Stock Exchange in the United States.

(Data source: Tonghuashun (300033) iFinD)

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