Qudian fell over 7% in premarket trading as its revenue down 59% year-on-year

Qudian fell over 7% in premarket trading as its revenue down 59% year-on-year.The company today released its financial report for the third quarter of 2021 as of September 30, with total revenue of RMB 347.4 million (about US $53.9 million), down 59.1% compared with RMB 849.4 million in the same period last year. The net loss was 94.2 million yuan ($14.6 million), compared with the same period last year Net profit RMB 592.3 million. Not according to Non-GAAP, the net loss was RMB 99.1 million (about US $15.4 million), compared with the net profit of RMB 576.4 million in the same period last year.