Lufax Reports First Quarter 2024 Financial Results
Lufax Holding Ltd American Depositary Shares, each representing two (2) Ordinary Shares (LU)
Company Research
Source: PR Newswire
SHANGHAI, April 22, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced its unaudited financial results for the first quarter ended March 31, 2024.First Quarter 2024 Financial HighlightsTotal income was RMB6,964 million (US$964 million) in the first quarter of 2024, compared to RMB10,078 million in the same period of 2023.Net loss was RMB830 million (US$115 million) in the first quarter of 2024, compared to net profit of RMB732 million in the same period of 2023. (In millions except percentages, unaudited)Three Months Ended March 31,20232024YoYRMBRMBUSDTotal income10,0786,964964(30.9 %)Total expenses(8,964)(6,517)(903)(27.3 %)Total expenses excluding creditimpairment losses, finance costs andother (gains)/losses(5,685)(3,580)(496)
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News
- Lufax Holding Ltd (NYSE:LU) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Lufax Announces Annual General Meeting on May 30, 2024 and Filing of Its Annual Report on Form 20-FPR Newswire
- Lufax to Announce First Quarter 2024 Financial Results on April 22, 2024PR Newswire
- Lufax Holding Ltd (NYSE:LU) Analysts Are Reducing Their Forecasts For This Year [Yahoo! Finance]Yahoo! Finance
- Lufax Holding dominates week's financial movers with 53% surge [Seeking Alpha]Seeking Alpha
LU
Earnings
- 4/22/24 - Beat
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Sec Filings
- 4/24/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/23/24 - Form 6-K
- LU's page on the SEC website