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0.0532544378698225 -0.0355029585798817 -0.0118343195266272 -0.0355029585798817 -0.0355029585798817 -0.106508875739645 -0.112426035502959 -0.118343195266272
Stock impact report

Lufax Reports Third Quarter 2022 Financial Results

Lufax Holding Ltd American Depositary Shares, two of which representing one Ordinary Share (LU) 
Company Research Source: PR Newswire
SHANGHAI, Nov. 23, 2022 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading technology-empowered personal financial services platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2022.Third Quarter 2022 Financial HighlightsTotal income decreased by 17.2% to RMB13,193 million (US$1,855 million) in the third quarter of 2022 from RMB15,924 million in the same period of 2021.Net profit decreased by 67.1% to RMB1,355 million (US$190 million) in the third quarter of 2022 from RMB4,115 million in the same period of 2021.  (In millions except percentages, unaudited)Three Months Ended September 30,20212022YoYRMBRMBUSDTotal income15,92413,1931,855(17.2 %)Total expenses(9,936)(11,082)(1,558)11.5 %Total expenses excluding credit and asset impairment losses, financial costs and other (gains)/losses(7,730)(6,746)(948)(12.7 %)Credit and asset impairment losses, financial costs and other (gains)/losses Show less Read more
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