05:15 PM EDT, 05/19/2025 (MT Newswires) -- 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 ( XYF ) shares rose 2.5% in after-hours trading.