Jupai Holdings (JP) Reports Q2 EPS of $0.30

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Jupai Reports Second Quarter 2016 Results

August 10, 2016 12:30 AM EDT

SHANGHAI, Aug. 10, 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 second quarter and six months ended June 30, 2016.

SECOND QUARTER AND FIRST HALF 2016 FINANCIAL HIGHLIGHTS

Net revenues in the second quarter of 2016 were $36.8 million, a 119.4% increase from $16.8 million for the corresponding period in 2015. For the first half of 2016, net... More