Net income per basic and diluted American depositary share ('ADS') in the first quarter of 2022 was RMB2.52 (US$0.40) and RMB2.46 (US$0.39), compared with RMB3.48 and RMB3.42, respectively, in the same period of 2021.Non-GAAP adjusted net income in the first quarter of 2022 was RMB153.9 million ( US$24.3 million), compared with RMB212.0 million in the same period of 2021.Net income in the first quarter of 2022 was RMB139.9 million ( US$22.1 million), compared with RMB189.2 million in the same period of 2021.Income from operations in the first quarter of 2022 was RMB314.1 million ( US$49.5 million), compared with RMB251.2 million in the same period of 2021.Total net revenue in the first quarter of 2022 was RMB888.4 million ( US$140.1 million), representing a decrease of 2.0% from RMB906.3 million in the same period of 2021.SHENZHEN, China, /PRNewswire/ - X Financial (NYSE: XYF) (the 'Company' or 'we'), a leading online personal finance company in China, today announced its unaudited financial results for the first quarter ended March 31, 2022.
