Jupai Holdings (JP) Reports Q3 EPS of $0.11

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Jupai Reports Third Quarter 2018 Results

December 7, 2018 5:10 AM EST

SHANGHAI, Dec. 7, 2018 /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 third quarter and nine months ended September 30, 2018.

THIRD QUARTER AND FIRST NINE MONTHS 2018 FINANCIAL HIGHLIGHTS

Net revenues in the third quarter of 2018 were RMB310.6 million (US[1]$45.2 million), a 29.5% decrease from the corresponding period in 2017. For the first nine months of 2018,... More