Lufax Holding (LU) Tops Q1 EPS by 3c, Revenues Beat

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Lufax Reports First Quarter 2021 Unaudited Financial Results

April 26, 2021 4:30 PM EDT

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 first quarter ended March 31, 2021.

First Quarter 2021 Financial Highlights

Total income increased by 16.9% to RMB 15,251 million (US $2,328 million) in the first quarter of 2021 from RMB 13,046 million in the same period of 2020. Net profit increased by 18.7% to RMB 4,969 million (US $758 million) in first quarter of 2021 from RMB 4,185 million in the same period of 2020.

(In millions except percentages,... More