Yintech Investment Holdings Limited announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company announced revenues of RMB 569,916,000 compared to RMB 507,396,000 for the same period a year ago. Income before income taxes was RMB 124,585,000 compared to RMB 229,928,000 for the same period a year ago. Net income attributable to the company was RMB 85,406,000 or RMB 1.16 per diluted ADS share compared to RMB 201,051,000 or RMB 3.38 per diluted ADS share for the same period a year ago. Non-GAAP net income attributable to the company was RMB 131,750,000 or RMB 1.79 per diluted ADS share compared to RMB 208,321,000 or RMB 3.50 per diluted ADS share for the same period a year ago.

For the six months, the company announced revenues of RMB 1,674,524,000 compared to RMB 910,321,000 for the same period a year ago. Income before income taxes was RMB 598,811,000 compared to RMB 404,942,000 for the same period a year ago. Net income attributable to the company was RMB 466,679,000 or RMB 6.30 per diluted ADS share compared to RMB 201,051,000 or RMB 6.19 per diluted ADS share for the same period a year ago. Non-GAAP net income attributable to the company was RMB 529,158,000 or RMB 7.14 per diluted ADS share compared to RMB 369,387,000 or RMB 6.53 per diluted ADS share for the same period a year ago.

For the third quarter 2017, the company expects trading volume will be in the range of RMB 800 billion to RMB 850 billion, compared to customer trading volume of RMB 588 billion for the second quarter of 2017 which excludes customer trading volume from Guangdong and Tianjin Exchanges. Revenues will be in the range of RMB 360 million to RMB 400 million, compared to revenues of RMB 277 million for the second quarter of 2017 which excludes net commissions and fees from Guangdong and Tianjin Exchanges.