Lufax Reports Third Quarter 2024 Financial Results
Lufax Holding Ltd American Depositary Shares, each representing two (2) Ordinary Shares (LU)
Company Research
Source: PR Newswire
SHANGHAI, Oct. 21, 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 third quarter ended September 30, 2024.Third Quarter 2024 Financial HighlightsTotal income was RMB5,543 million (US$790 million) in the third quarter of 2024, compared to RMB8,050 million in the same period of 2023.Net loss was RMB725 million (US$103 million) in the third quarter of 2024, compared to net profit of RMB131 million in the same period of 2023.(In millions except percentages, unaudited)Three Months Ended September 30,20232024YoYRMBRMBUSDTotal income8,0505,543790(31.1 %)Total expenses(7,747)(6,262)(892)(19.2 %)Total expenses excluding credit impairment losses, finance costs and other (gains)/losses(4,650)
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- https://seekingalpha.com/article/4746206-lufax-stimulus-in-china-quarterly-improvements-and-dirt-cheap [Seeking Alpha]Seeking Alpha
- Changes in Board and Committee CompositionPR Newswire
- Lufax Holding Ltd (NYSE: LU) had its "hold" rating re-affirmed by analysts at Jefferies Financial Group Inc.. They now have a $3.20 price target on the stock.MarketBeat
- Lufax Holding Ltd (LU) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Lufax to Announce Third Quarter 2024 Financial Results on October 21, 2024PR Newswire
LU
Earnings
- 4/22/24 - Beat
LU
Sec Filings
- 12/17/24 - Form 144
- 12/9/24 - Form SC
- 12/6/24 - Form 6-K
- LU's page on the SEC website