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LUFAX(LU) - 2023 Q4 - Annual Report
2024-04-23 12:44
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...
LUFAX(LU) - 2024 Q1 - Earnings Call Transcript
2024-04-23 11:33
Lufax Holding Ltd (NYSE:LU) Q1 2024 Earnings Conference Call April 22, 2024 9:00 PM ET Company Participants Xinyan Liu - Head of Board Office and Capital Markets Yong Cho - Co-CEO & Chairman of the Board Gregory Gibb - Co-CEO & Director David Choy - Chief Financial Officer Conference Call Participants Emma Xu - Bank of America Securities Chiyao Huang - Morgan Stanley Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to Lufax Holding Limited First Quarter 2024 Earnings Call ...
Lufax Reports First Quarter 2024 Financial Results
Prnewswire· 2024-04-22 21:30
SHANGHAI, April 22, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total income was RMB6,964 million (US$964 million) in the first quarter of 2024, compared to RMB10,078 million in the same period of 2023. Net loss was RMB830 million (US$115 million) in the fi ...
LUFAX(LU) - 2023 Q4 - Earnings Call Transcript
2024-03-22 14:28
Lufax Holding Ltd (NYSE:LU) Q4 2023 Results Conference Call March 21, 2024 9:00 PM ET Company Participants Xinyan Liu - Head of Board Office and Capital Markets Yong Cho - Co-CEO & Chairman of the Board Gregory Gibb - Co-CEO & Director Siu Choy - Chief Financial Officer Conference Call Participants Emma Xu - BofA Securities Richard Yu - Morgan Stanley Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to Lufax Holding Limited Fourth Quarter 2023 Earnings Call. [Operator Ins ...
Why Is Lufax (LU) Stock Up 46% Today?
InvestorPlace· 2024-03-21 12:18
Lufax (NYSE:LU) stock is on the rise Thursday following the release of the Chinese personal financial services company’s Q4 2023 earnings report.That earnings report starts with a loss of 1.48 yuan per American Depository Shares (ADS). Investors will note that each ADS represents two of the company’s common shares. Wall Street was expecting the company to report losses per share of .13 cents for the period. Also worth mentioning is the company’s losses per share of 1.42 yuan in Q4 2022.Gregory Gibb, co-CEO ...
LUFAX(LU) - 2024 Q1 - Quarterly Report
2024-03-21 10:30
Exhibit 99.1 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 6623) (NYSE Stock Ticker: LU) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. ANNUAL RESULTS ANNOUNCEMENT ...
Lufax Reports Fourth Quarter and Full Year 2023 Financial Results
Prnewswire· 2024-03-21 08:30
SHANGHAI, March 21, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Total income was RMB6,857 million (US$966 million) in the fourth quarter of 2023, compared to RMB12,318 million in the same period of 2022. Net loss was RMB832 million (US$11 ...
Lufax: Lower Funding Cost To Drive Loan Growth
Seeking Alpha· 2024-01-29 22:58
zhuyufang Lufax Holding Ltd (NYSE:LU) is a leading Chinese financial services provider focusing on providing small business owners with access to multiple loan products. They provide various financial products under different entities. For instance, Puhui is Lufax's core brand for enabling retail credit, primarily focusing on unsecured and secured loans for small businesses. LujinTong, on the other hand, is a referral service for connecting borrowers with banks. The fastest-growing business for Lufax most r ...
LUFAX(LU) - 2023 Q3 - Earnings Call Transcript
2023-11-14 05:30
Lufax Holding Ltd (NYSE:LU) Q3 2023 Earnings Conference Call November 13, 2023 8:00 PM ET Company Participants Liu Xinyan - Head of Board Office and Capital Markets Y. S. Cho - Co-CEO and Chairman Gregory Gibb - Co-CEO David Choy - CFO Conference Call Participants Emma Chu - Bank of America Alex Ye - UBS Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Lufax Holding Limited Third Quarter 2023 Earnings Call. [Operator Instructions] Please note this event is being re ...