Lufax Holding (LU) Reports In-Line Q4 EPS

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Go back to Lufax Holding (LU) Reports In-Line Q4 EPS

Lufax Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results

February 2, 2021 4:30 PM EST

SHANGHAI--(BUSINESS WIRE)-- Lufax Holding Ltd (Lufax or the Company) (NYSE: LU), a leading technology-empowered personal financial services platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020.

Fourth Quarter 2020 Financial Highlights

Total income increased by 5.9% to RMB13,286 million (US$2,036 million) in fourth quarter of 2020 from RMB12,549 million in the same period of 2019. Net profit increased by 17.4% to RMB2,847 million (US$436 million) in fourth quarter of 2020 from RMB2,425 million in the same period of 2019.

(In millions except percentages,... More