Lufax Holding (LU) Tops Q1 EPS by 5c

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Lufax Reports First Quarter 2022 Financial Results

May 25, 2022 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, 2022.

First Quarter 2022 Financial Highlights

Total income increased by 13.5% to RMB17,316 million (US$2,732 million) in the first quarter of 2022 from RMB15,251 million in the same period of 2021. Net profit increased by 6.5% to RMB5,290 million (US$834 million) in the first quarter of 2022 from RMB4,969 million in the same period of 2021.

(In millions except... More