Jupai Holdings (JP) Reports Q1 Loss of $0.10 on Revenues of $41.9M
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Jupai Reports First Quarter 2019 Results
June 10, 2019 6:05 AM EDTSHANGHAI, June 10, 2019 /PRNewswire/ -- Jupai Holdings Limited ("Jupai" or the "Company") (NYSE: JP), a leading third-party wealth management service provider, focusing on distributing wealth management products and providing quality product advisory services to high-net-worth individuals in China, today announced its unaudited financial results for the first quarter ended March 31, 2019.
FIRST QUARTER 2019 FINANCIAL HIGHLIGHTS
Net revenues in the first quarter of 2019 were RMB281.0 million (US$[1]41.9 million), a decrease of 35.1% from the corresponding period in 2018.Â
(RMB '000, except... More
