X Financial (XYF) reported adjusted net income late Monday of 10.74 renminbi ($1.53) per diluted American depository share, up from 6.54 renminbi a year earlier.
Net revenue in the three months ended March 31 rose to 1.94 billion renminbi from 1.21 billion renminbi a year earlier.
The company approved a new share repurchase program of up to $100 million to run from June 1 to Nov. 30, 2026. An existing buyback program, approved in December 2024, has $15.9 million remaining.
X Financial shares rose 2.5% in after-hours trading.
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