Noah Reports Q2 Earnings, Driven by Robust Growth in Overseas Markets [Yahoo! Finance]
Noah Holdings Limited American Depositary Shares (NOAH)
US:NYSE Investor Relations:
ir.noahwm.com
Company Research
Source: Yahoo! Finance
management service provider offering comprehensive advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced its unaudited financial results for the second quarter of 2024. The Company recorded total net revenues of RMB 616 million US$ 85 million ) in the second quarter of 2024, with overseas businesses contributing RMB 279 million US$ 38 million ). Noah's operating profit reached RMB 134 million US$ 18 million ) in the second quarter of this year, representing an operating profit margin of 21.8%, an increase from 18.7% in the first quarter of 2024. The second quarter also marked a significant milestone in Noah's strategic transformation, as the Company continues to pivot towards international markets. Financial Results Breakdown In the second quarter of 2024, Noah achieved total net revenues of RMB 616 million US$85 million ), driven by the strong performance of its overseas business. The overseas segme
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NOAH
News
- Noah to Host Corporate Open Day on December 6, 2024, in Hong Kong [Yahoo! Finance]Yahoo! Finance
- Noah to Host Corporate Open Day on December 6, 2024, in Hong KongPR Newswire
- Noah to Report Third Quarter 2024 Unaudited Financial Results on November 26, 2024 [Yahoo! Finance]Yahoo! Finance
- Noah to Report Third Quarter 2024 Unaudited Financial Results on November 26, 2024PR Newswire
- Noah Holdings Limited (NYSE: NOAH) was downgraded by analysts at UBS Group AG from a "buy" rating to a "neutral" rating. They now have a $13.00 price target on the stock.MarketBeat
NOAH
Sec Filings
- 11/20/24 - Form 6-K
- 11/14/24 - Form 6-K
- 11/12/24 - Form SC
- NOAH's page on the SEC website