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Fanhua: 3Q Earnings Snapshot

Last Updated Nov 24, 2020 at 5:12 pm EST

GUANGZHOU, China (AP) _ Fanhua Inc. (FANH) on Tuesday reported third-quarter earnings of $11.1 million.

The Guangzhou, China-based company said it had net income of 21 cents per share. Earnings, adjusted for stock option gains, came to 20 cents per share.

The insurance company posted revenue of $119.6 million in the period.

Fanhua shares have decreased 45% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $14.37, a drop of 46% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FANH at https://www.zacks.com/ap/FANH

The Associated Press