Lufax Reports Third Quarter 2020 Unaudited Financial Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. RNG
2. WDC
3. DECK
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. FIX

Go back to Lufax Reports Third Quarter 2020 Unaudited Financial Results

Lufax Holding (LU) Tops Q3 EPS by 10c

December 1, 2020 4:32 PM EST

Lufax Holding (NYSE: LU) reported Q3 EPS of $0.24, $0.10 better than the analyst estimate of $0.14. Revenue for the quarter came in at $2 billion.

Third Quarter 2020 Financial Highlights

Total income increased by 10.5% to RMB13,076 million (US$1,926 million) in third quarter of 2020 from RMB11,838 million in the same period of 2019.Net profit decreased by 36.8% to RMB2,157 million (US$318 million) in third quarter of 2020 from RMB3,414 million in the same period of 2019, mainly due to the impact of a non-recurring expense.Non-IFRS adjusted net profit, excluding a non-recurring expense of RMB1,326 million (US$195 million)... More