Qudian Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was CNY 63.79 million compared to CNY 19.31 million a year ago. Revenue was CNY 63.79 million compared to CNY 160.07 million a year ago. Net loss was CNY 117.07 million compared to net income of CNY 490.1 million a year ago. Basic loss per share from continuing operations was CNY 0.57 compared to basic earnings per share from continuing operations of CNY 2.07 a year ago. Diluted loss per share from continuing operations was CNY 0.57 compared to diluted earnings per share from continuing operations of CNY 2.07 a year ago.
For the full year, sales was CNY 126.34 million compared to CNY 82.62 million a year ago. Revenue was CNY 126.34 million compared to CNY 577.49 million a year ago. Net income was CNY 39.13 million compared to net loss of CNY 361.96 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to basic loss per share from continuing operations of CNY 1.47 a year ago. Diluted earnings per share from continuing operations was CNY 0.18 compared to diluted loss per share from continuing operations of CNY 1.47 a year ago.