Jupai Holdings (JP) Reports Q2 Loss of $0.04 on Revenues of $15.3M
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Jupai Reports Second Quarter 2020 Results
August 7, 2020 6:00 AM EDTSHANGHAI, Aug. 7, 2020 /PRNewswire/ -- Jupai Holdings Limited ("Jupai" or the "Company") (NYSE: JP), a leading third-party wealth management service provider, focusing on distributing wealth management products and providing quality product advisory services to high-net-worth individuals in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2020.
SECOND QUARTER AND FIRST HALF 2020 FINANCIAL HIGHLIGHTS
Net revenues in the second quarter of 2020 were RMB108.4 million (US$[1]15.3 million), a decrease of 41.7% from the corresponding period in 2019. For the first half of... More