Jupai Holdings (JP) Reports Q3 Loss of $0.19
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Jupai Reports Third Quarter 2019 Results
November 22, 2019 5:00 AM ESTSHANGHAI, Nov. 22, 2019 /PRNewswire/ -- Jupai Holdings Limited ("Jupai" or the "Company") (NYSE: JP), a leading third-party wealth management service provider, focusing on distributing wealth management products and providing quality product advisory services to high-net-worth individuals in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2019.
THIRD QUARTER AND FIRST NINE MONTHS 2019 FINANCIAL HIGHLIGHTS
Net revenues in the third quarter of 2019 were RMB182.1 million (US$[1]25.5 million), a decrease of 41.4% from the corresponding... More