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Fanhua: Q1 Earnings Snapshot

By AP News - May 30, 2023, 09:03 AM ET
Last Updated - May 03, 2024, 01:05 PM EDT
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On a per-share basis, the Guangzhou, China-based company said it had net income of 16 cents. Earnings, adjusted for stock option expense, came to 17 cents per share

Fanhua Inc. (FANH) on Tuesday reported net income of $8.8 million in its first quarter

GUANGZHOU, China (AP) — GUANGZHOU, China (AP) — Fanhua Inc. (FANH) on Tuesday reported net income of $8.8 million in its first quarter. 

On a per-share basis, the Guangzhou, China-based company said it had net income of 16 cents. Earnings, adjusted for stock option expense, came to 17 cents per share. 

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The insurance company posted revenue of $120.5 million in the period. 

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a FANH">Zacks stock report on FANH at https://www.zacks.com/ap/FANH

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