NOAH HOLDINGS LIMITED ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2024 [Yahoo! Finance]
Noah Holdings Limited American Depositary Shares (NOAH)
US:NYSE Investor Relations:
ir.noahwm.com
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Source: Yahoo! Finance
management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced its unaudited financial results for the first quarter of 2024. FIRST QUARTER 2024 FINANCIAL HIGHLIGHTS N et revenue s for the first quarter of 2024 were RMB649.5 million US$90.0 million ), a 19.2% decrease from the corresponding period in 2023, mainly due to decreases in performance-based income generated from USD private equity products and recurring service fees generated from RMB private equity and private secondary products. The Company recorded a 6.0% increase in one-time commissions from the corresponding period in 2023 due to a 4.6% increase in revenues generated from the distribution of insurance products. Net revenues decreased by 18.8% from the fourth quarter of 2023, mainly due to decreases in one-time commissions. Net revenues from mainland China for the first quarter of 2024
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NOAH
News
- Noah Holdings Limited Announces Results of Annual General Meeting and Payment of Final Dividend and Special Dividend [Yahoo! Finance]Yahoo! Finance
- Noah Holdings Limited Announces Results of Annual General Meeting and Payment of Final Dividend and Special DividendPR Newswire
- Caixin Summer Summit 2024 Concludes Successfully: Embracing 'New Missions, New Responsibilities'PR Newswire
- Noah Holdings Limited (NYSE: NOAH) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Noah Holdings Limited (NYSE: NOAH) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating. They now have a $13.00 price target on the stock, down previously from $18.00.MarketBeat
NOAH
Sec Filings
- 6/13/24 - Form 6-K
- 6/12/24 - Form 6-K
- 6/12/24 - Form 6-K
- NOAH's page on the SEC website