/PRNewswire/ Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, today.
Author Bio
Bram Berkowitz mainly writes in the financials bureau covering the banking sector. Prior to The Motley Fool, he wrote about and covered community and regional banks in New England for The Warren Group. Follow @BramBerko
What happened
Shares of the Chinese financial services platform
Yiren Digital (NYSE:YRD) jumped more than 36% this week following trading Thursday after the company announced earnings results for the first quarter of 2021.
So what
Yiren Digital, which provides China s wealthy population with a variety of lending and wealth-management services, reported net income equivalent to $27.7 million for the first quarter of 2021, a big 844% jump from net income the company reported in the first quarter of 2020.
/PRNewswire/ Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, today.