Jupai Holdings (JP) Reports Q1 EPS of $0.16

Go back to Jupai Holdings (JP) Reports Q1 EPS of $0.16

Jupai Reports First Quarter 2016 Results

May 24, 2016 4:00 AM EDT

SHANGHAI, May 24, 2016 /PRNewswire/ -- Jupai Holdings Limited ("Jupai" or the "Company") (NYSE: JP), a leading third-party wealth management service provider, focusing on distributing wealth management products and providing quality product advisory services to high-net-worth individuals in China, today announced its unaudited financial results for the first quarter ended March 31, 2016.

FIRST Quarter 2016 FINANCIAL HIGHLIGHTS

Net revenues in the first quarter of 2016 were $34.6 million, a 148.0% increase from $13.9 million for the corresponding period in 2015.

($'000, except percentages)

Q1... More