PINTEC Announces full year 2020 Unaudited Financial Results
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BEIJING, April 14, 2021 /PRNewswire/ Pintec Technology Holdings Limited (NASDAQ: PT) ( PINTEC or the Company ), a leading independent technology platform enabling financial services in China, today announced its unaudited financial results for the year ended December 31, 2020.
Financial Highlights for the Year Ended December 31, 2020
Total revenues decreased by 70.6% to RMB378.3 million (US$58.0 million) from RMB1,285.2 million for the year ended December 31, 2019.
Gross profit was RMB92.5 million (US$14.2 million) compared to RMB515.5 million for the year ended December 31, 2019. Gross margin was 24.5% compared to 40.1% for the year ended December 31, 2019.
PINTEC to Report Full Year 2020 Financial Results on April 14, 2021
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BEIJING, April 9, 2021 /PRNewswire/ Pintec Technology Holdings Limited (NASDAQ: PT) ( PINTEC or the Company ), a leading independent technology platform enabling financial services in China, today announced that it will report its unaudited financial results for the fiscal year ended December 31, 2020 before the U.S. market opens on Wednesday, April 14, 2021.
Pintec s management team will host an earnings conference call at 8:00A.M. Eastern Time on Wednesday, April 14, 2021 (8:00 P.M. Beijing Time on the same day).
Dial-in details for the earnings conference call are as follows:
About PINTEC
PINTEC is a leading independent technology platform enabling financial services in China. By connecting business and financial partners on its open platform, PINTEC enables them to provide financial services to end users efficiently and effectively. The Company offers its partners a full suite of customized solutions, ranging from point-of-sale financing, personal installment loans and business installment loans, to wealth management and insurance products. Leveraging its scalable and reliable technology infrastructure, PINTEC serves a wide range of industry verticals covering online travel, e-commerce, telecommunications, online education, SaaS platforms, financial technology, internet search, and online classifieds and listings, as well as various types of financial partners including banks, brokers, insurance companies, investment funds and trusts, consumer finance companies, peer-to-peer platforms and other similar institutions.